Emmis Sells Magazines
“We have been honored to own and operate these marquee titles, with some of the most dedicated, creative employees in the business,” said Emmis Chairman & CEO Jeff Smulyan. “We wish all of them well, and hope they enjoy tremendous success in the future.” He added, “It is always difficult to make a decision to sell, but this step helps us to continue to address our debt leverage and to focus on our growth initiatives.”