Indianapolis-based Emmis Communications Corporation announced it has acquired Inforadio, a national radio chain broadcasting in 13 Bulgarian cities, according to Indianapolis Business Journal. Balkan Broadcasting EAD, an Emmis subsidiary, purchased 100 percent of the stations' parent company, Infopress & Company OOD, a Bulgarian limited liability company. Emmis International also owns and operates national stations or networks in Belgium (Be One), Hungary (Slager Radio), and Slovakia (Radio Expres).
Monday, December 17, 2007
Emmis Adds Bulgarian Radio Chain
Indianapolis-based Emmis Communications Corporation announced it has acquired Inforadio, a national radio chain broadcasting in 13 Bulgarian cities, according to Indianapolis Business Journal. Balkan Broadcasting EAD, an Emmis subsidiary, purchased 100 percent of the stations' parent company, Infopress & Company OOD, a Bulgarian limited liability company. Emmis International also owns and operates national stations or networks in Belgium (Be One), Hungary (Slager Radio), and Slovakia (Radio Expres).
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