Interep will no longer be the national sales rep for Emmis Communications. The broadcaster is now partnering with Katz Media Group.
Interep CEO Dave Kennedy stated: “Each company is now at a stage in its development where strategic change is of great importance in defining its future. This decision, although very difficult for each of us, works in the best financial interests of both companies, and sets the stage for each to better accomplish its objectives.”
Katz will represent Emmis in New York, Los Angeles, Chicago, St. Louis, Indianapolis, Austin and Terre Haute, Ind. The new relationship was effective Oct. 1.
Kennedy added he hoped Interep will have a chance to work with Emmis again in the future.