Emmis Communications is a diversified media company, principally focused on radio broadcasting. The Company owns radio stations in New York, Los Angeles, St. Louis, Austin, and Indianapolis. Emmis also developed and licenses TagStation, a cloud-based software platform that allows a broadcaster to manage album art, metadata and enhanced advertising on its various broadcasts, developed NextRadio, a smartphone application that marries over-the-air FM radio broadcasts with visual and interactive features on smartphones, and has introduced the Dial Report to give radio advertising buyers and sellers big data analytics derived from a nationwide radio station network, smartphone usage, location-based data, demographic profiling and listening data. In addition to its radio properties, the Company also publishes Indianapolis Monthly and operates Digonex Technologies, a dynamic pricing business.