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Emmis Sells Publishing Assets to Hour Media Group
RADIO ONLINE | Wednesday, March 1, 2017 |
Emmis Communications has closed on the sale of its magazines in Atlanta, Cincinnati, Orange Coast and Los Angeles to Hour Media Group. The radio operator has now divested all its publishing assets except for its hometown Indianapolis Monthly, which it intends to continue to operate. Emmis announced in August, 2016, that it was pursuing strategic alternatives for its Publishing Division. It announced the sale of Texas Monthly last October.
"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
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