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Emmis Communications (NASDAQ: EMMS) is an American media conglomerate based in Indianapolis, Indiana. The company owns radio stations and magazines in the United States and Slovakia. In 1980, Emmis Broadcasting founder Jeffrey Smulyan purchased his first radio station, WSVL-FM Shelbyville, IN. In July 1981, Smulyan changed the format from country music to adult contemporary and renamed the station WENS. The stations quick success led him to purchase other radio stations throughout the country.[citation needed] Around 1984, the company bought Magic 106 in Los Angeles, California; at the time, L.A. Lakers player "Magic" Johnson was an early spokesperson for the station. In early 1986, Emmis changed Magic 106 to Power 106 KPWR. Also in 1986, the company expanded as they purchased WAPP-FM (renamed WQHT) and WHN (now WEPN) in New York as well as WAVA-FM in Washington, D.C. from the Doubleday Broadcasting Company. Both KPWR and WQHT would pioneer the rhythmic format and go on to be Emmis' two flagship radio properties.[citation needed] In 1987, Emmis would transform WHN into the worlds first all-sports radio station, WFAN.
Total value of jobs:
$360,000
Total Jobs:
2
Average Pay:
$90,000
% Masters:
14%

Average Salary

$90,000

Company Average