With some in the radio industry opening questioning if the sale of KPWR-FM “Power 106” in Los Angeles signals a coming sell-off of all Emmis Communications radio stations, Wall Street financial house CapitalCube has taken its stethoscope and given the company led by Chairman/CEO Jeff Smulyan a check-up.
Emmis was placed alongside Saga Communications, Entercom, Urban One, Beasley Broadcast Group, Salem Media Group and one media company that’s exited the radio business—The Walt Disney Company.
What’s the prognosis?
