Emmis Shutting Off WFNI-AM/Indy
“As long-time owners of 1070, we are working diligently on finding the next great use for the signal,” said Jeff Smulyan, Founder and Chairman of the Board of Emmis. “We were offered a wonderful opportunity to monetize the property and felt it was our obligation to explore that. Ultimately, it made the most sense.”
More than a year ago, Emmis had the tower site for 1070 AM rezoned for mixed-use commercial, office and residential developments. The area comprises 70 acres on Perry Worth Road near I-65 in Whitestown, IN and is listed for sale by Cushman & Wakefield.