Cummings has been with Emmis since its beginnings. He’s been behind most of the company’s greatest successes and, as Rick will remind others, also its worst...
The transition will not be a fast one, as the company will reacquire its stock at growing prices over a three-year period.
A transcript of a two-hour interview with such an accomplished CEO as Jeff Smulyan and a programmer as Rick Cummings is unheard of, perhaps unprecedented.
"Once you realize you can’t make a business grow anymore, and all you can do is hit your head against a wall, nobody can be happy...
“One of our statements at Emmis is we ought to take $20 million and short Spotify.”
Wood joined Emmis Communications in 2010 and currently serves as Vice President of Programming for Emmis-Indianapolis.
