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Re: Bad news for Emmis - loses Hungarian station (about 6% of co rev)     30-Oct-09 09:17 am    
Here's the link to 8K containing your news.

http://biz.yahoo.com/e/091030/emms8-k.ht...

On October 28, 2009, the Hungarian National Radio and Television Board (the "ORTT") announced that it was awarding to another bidder the national radio license currently held by our majority-owned subsidiary, Slager Radio Co. PLtd. ("Slager"). We believe the award of the license to the other bidder violates, among other things, the ORTT's own national radio license tender rules, the Hungarian Media Law and European Commission Treaty to which Hungary became a party in 2004, and are vigorously exploring avenues for having the award set aside, including but not limited to litigation in Hungary and in the European Union. If the award remains in effect, Slager would be required to cease to broadcast effective November 19, 2009.


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  Subject Author Rating Time of Post (ET)  
 
Emmis fights for Hungarian FM network. The National ...
nhlabman Rate it 29-Oct-09 08:53 am  
 
That's a story that may become bigger by the day.
david_a_ran... Rate it 29-Oct-09 09:55 am  
 
Re: Bad news for Emmis - loses Hungarian station (abo...
david_a_ran... Not rated 30-Oct-09 09:17 am  
 
Tomorrow's the 19th. We should be hearing som...
david_a_ran... Rate it 18-Nov-09 07:09 am  
 
Yesterday was the deadline, but still no...
david_a_ran... Rate it 20-Nov-09 07:18 pm  
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Emmis Communications Corp. (EMMS)

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