WLIB-AM and Terre Haute Would Be Sold


If Smulyan’s deal is approved, to reduce debt, he says he’ll “explore alternatives for Emmis’s publishing division (other than Indianapolis Monthly magazine), WLIB-AM in New York and its radio stations in Terre Haute, Indiana. And in fact the board has authorized Emmis to look into selling the publishing division, WLIB-AM, and the Terre Haute market. In February 2014 Emmis purchased WBLS-FM and WLIB-AM for $131 million in cash from YMF Media.


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