R.I.P. NextRadio? Emmis Makes A ‘Heartbreaking’ Decision | Radio & Television Business Report

“This is an interesting quarter, obviously, as we’ll get into,” Emmis Communications founder and Chairman/CEO Jeff Smulyan noted as he started his comments during his company’s Thursday morning call with investors, to discuss Emmis’ fiscal Q2 2019 results.

Emmis’ net revenue dipped by more than $10 million, “fueled by a very tough June, one of the toughest months we’ve had.”

But, perhaps the biggest news involves its TagStation LLC, and within that wholly owned subsidiary the NextRadio operation. Both are coming to an end.