(Nasdaq: EMMS) Emmis Communications Corporation, an Indiana corporation ("Emmis") today announced that it is further extending its offer to issue 12% PIK Senior Subordinated Notes due 2017 ("New Notes") in exchange for Emmis' 6.25% Series A Cumulative Convertible Preferred Stock ("Preferred Stock") at a rate of $30.00 principal amount of New Notes for each $50.00 of liquidation preference of Preferred Stock until 5:00 p.m., New York City time, on Wednesday, September 8, 2010. The exchange offer, as previously extended, was originally scheduled to expire at 5:00 p.m., New York City time, on Thursday, September 2, 2010 .

Emmis also announced that the special meeting of Emmis shareholders held at 6:30 p.m., local time, on Thursday, September 2, 2010, to vote on certain amendments to the terms of the Preferred Stock, was initially adjourned until 8:30 a.m., local time, on Friday, September 3, 2010, and subsequently adjourned until 6:30 p.m., local time, on Wednesday, September 8, 2010, at One Emmis Plaza, 40 Monument Circle, Indianapolis, Indiana 46204.

Emmis has been informed that JS Acquisition, Inc., an Indiana corporation ("JS Acquisition") whose equity securities are owned entirely by Mr. Jeffrey H. Smulyan, the Chairman, Chief Executive Officer and President of Emmis, and JS Acquisition, LLC, an Indiana limited liability company ("JS Parent") that is wholly owned by Mr. Smulyan, is further extending its tender offer to purchase all of Emmis' outstanding shares of Class A common stock for $2.40 per share in cash until 5:00 p.m., New York City time, on Wednesday, September 8, 2010. The tender offer, as previously extended, was originally scheduled to expire at 5:00 p.m., New York City time, on Thursday, September 2, 2010.

The offers are being further extended because Emmis, JS Parent, JS Acquisition and Mr. Smulyan are continuing their discussions in an effort to reach an agreement with Alden Global Capital ("Alden"), a private asset management company that had previously agreed to provide financing for the tender offer through an affiliate, and a group of holders of approximately 38.3% of the outstanding shares of Preferred Stock in the aggregate who have previously indicated that they would vote against the matters to be voted on at the special meeting. Although we believe that an agreement among the various parties remains unlikely, we believe the extension is warranted due to the continuing discussions.

As of 5:00 p.m., New York City time, on Thursday, September 2, 2010, 422,803 shares of Preferred Stock had been tendered into and not withdrawn from the exchange offer. In addition, as of 5:00 p.m., New York City time, on Thursday, September 2, 2010, 19,824,537 Class A shares had been tendered into and not withdrawn from the tender offer. If not withdrawn at or prior to the expiration of the tender offer, such shares would satisfy the Minimum Tender Condition.

About Emmis

Emmis Communications Corporation is a diversified media company, principally focused on radio broadcasting. Emmis operates the 8th largest publicly traded radio portfolio in the United States based on total listeners. As of February 28, 2010, Emmis owns and operates seven FM radio stations serving the nation's top three markets — New York, Los Angeles and Chicago, although one of Emmis' FM radio stations in Los Angeles is operated pursuant to a Local Marketing Agreement whereby a third party provides the programming for the station and sells all advertising within that programming. Additionally, Emmis owns and operates fourteen FM and two AM radio stations with strong positions in St. Louis, Austin (Emmis has a 50.1% controlling interest in Emmis' radio stations located there), Indianapolis and Terre Haute, IN.

In addition to Emmis' domestic radio properties, Emmis operates an international radio business and publishes several city and regional magazines. Internationally, Emmis owns and operates national radio networks in Slovakia and Bulgaria. Emmis' publishing operations consists of Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Orange Coast, and Country Sampler and related magazines. Emmis also engages in various businesses ancillary to Emmis' broadcasting business, such as website design and development, broadcast tower leasing and operating a news information radio network in Indiana.

Emmis' news releases and other information are available on the company's website at www.emmis.com .

IMPORTANT INFORMATION

THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO PURCHASE OR EXCHANGE OR THE SOLICITATION OF AN OFFER TO SELL OR EXCHANGE CLASS A COMMON STOCK, PREFERRED STOCK, STOCK OPTIONS, RESTRICTED STOCK, DEBT OR OTHER SECURITIES OF EMMIS.

JS ACQUISITION HAS COMMENCED AN OFFER TO PURCHASE SHARES OF CLASS A COMMON STOCK OF EMMIS (THE "TENDER OFFER") PURSUANT TO THE OFFER TO PURCHASE AND RELATED LETTER OF TRANSMITTAL, DATED JUNE 2, 2010 (TOGETHER WITH AMENDMENTS AND SUPPLEMENTS THERETO, THE "TENDER OFFER DOCUMENTS") THAT WAS FILED UNDER COVER OF A COMBINED SCHEDULE TO/13E-3 TRANSACTION STATEMENT WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (THE "SEC"). THE TENDER OFFER DOCUMENTS HAVE BEEN DISTRIBUTED TO EMMIS' SHAREHOLDERS. THIS PRESS RELEASE IS NOT A SUBSTITUTE FOR THE TENDER OFFER DOCUMENTS.

IN CONNECTION WITH THE TENDER OFFER, EMMIS HAS COMMENCED AN OFFER TO ISSUE NEW 12% PIK SENIOR SUBORDINATED NOTES DUE 2017 IN EXCHANGE FOR EMMIS' 6.25% SERIES A CUMULATIVE CONVERTIBLE PREFERRED STOCK (THE "EXCHANGE OFFER"). ALSO, IN CONNECTION WITH THE EXCHANGE OFFER AND THE TENDER OFFER, EMMIS IS SOLICITING PROXIES (THE "PROXY SOLICITATION") FROM ITS COMMON AND PREFERRED SHAREHOLDERS TO VOTE IN FAVOR OF CERTAIN PROPOSED AMENDMENTS TO EMMIS' ARTICLES OF INCORPORATION. THE EXCHANGE OFFER AND PROXY SOLICITATION HAVE BOTH COMMENCED PURSUANT TO A DEFINITIVE OFFER TO EXCHANGE, DEFINITIVE PROXY STATEMENT AND THEIR RESPECTIVE LETTERS OF TRANSMITTAL AND OTHER RELATED MATERIALS, DATED JULY 6, 2010 (TOGETHER WITH AMENDMENTS AND SUPPLEMENTS THERETO, THE "EXCHANGE OFFER DOCUMENTS", AND COLLECTIVELY WITH THE TENDER OFFER DOCUMENTS, THE "DISCLOSURE DOCUMENTS") THAT WERE FILED UNDER COVER OF A COMBINED SCHEDULE TO/SCHEDULE 13E-3 TRANSACTION STATEMENT WITH THE SEC. THE EXCHANGE OFFER DOCUMENTS HAVE BEEN DISTRIBUTED TO EMMIS' SHAREHOLDERS, AND THIS PRESS RELEASE IS NOT A SUBSTITUTE FOR THE EXCHANGE OFFER DOCUMENTS.

SHAREHOLDERS AND INVESTORS SHOULD READ CAREFULLY THE DISCLOSURE DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING THE VARIOUS TERMS OF, AND CONDITIONS TO THE TENDER OFFER, THE EXCHANGE OFFER AND THE PROXY SOLICITATION (THE "TRANSACTIONS"). INVESTORS MAY OBTAIN FREE COPIES OF THE DISCLOSURE DOCUMENTS, INCLUDING THE LETTERS OF TRANSMITTAL, AT THE SEC'S WEB SITE AT WWW.SEC.GOV. IN ADDITION, COPIES OF THE DISCLOSURE DOCUMENTS, INCLUDING THE LETTERS OF TRANSMITTAL, MAY BE OBTAINED FOR FREE BY DIRECTING SUCH REQUESTS TO BNY SHAREOWNER SERVICES, THE INFORMATION AGENT FOR THE TRANSACTIONS, AT 1-866-301-0524. SHAREHOLDERS ARE URGED TO CAREFULLY READ THESE MATERIALS PRIOR TO MAKING ANY DECISION WITH RESPECT TO THE TRANSACTIONS.

EMMIS AND ITS DIRECTORS AND OFFICERS AND OTHER MEMBERS OF MANAGEMENT AND EMPLOYEES MAY BE DEEMED TO BE PARTICIPANTS IN THE SOLICITATION OF PROXIES. INFORMATION REGARDING EMMIS' DIRECTORS AND EXECUTIVE OFFICERS IS DETAILED IN ITS PROXY STATEMENTS AND ANNUAL REPORTS ON FORM 10-K. SUCH INFORMATION IS ALSO CONTAINED IN THE EXCHANGE OFFER DOCUMENTS.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release includes information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements about Emmis' beliefs, plans, objectives, goals, expectations, estimates and intentions that are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. The words "may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "target," "goal," and similar expressions are intended to identify forward-looking statements. All forward-looking statements, by their nature, are subject to risks and uncertainties. Although Emmis believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, Emmis' actual results could differ materially from those described in the forward-looking statements.

Emmis' ability to achieve its objectives could be adversely affected by the factors discussed in its Annual Report on Form 10-K, as amended, for the fiscal year ended February 28, 2010 and Definitive Proxy Statement/Offer to Exchange filed with the SEC on July 6, 2010, as well as, among others: (1) the occurrence of any event, change or other circumstances that could give rise to the inability to complete the proposed transactions described above due to the failure to satisfy the conditions required to complete the proposed transactions, (2) the outcome of any legal proceedings that have been and may be instituted against Emmis and others following announcement of the proposed transactions, (3) the ability to recognize the benefits of the proposed transactions, (4) the amount of the costs, fees, expenses and charges related to the proposed transactions, (5) general industry conditions such as the competitive environment, (6) regulatory matters and risks, (7) legislative developments, (8) changes in tax and other laws and the effect of changes in general economic conditions, (9) the risk that a condition to closing of the proposed transactions may not be satisfied, and (10) other risks to consummation of the proposed transactions, including the risk that the proposed transactions will not be consummated within the expected time period.

Many of the factors that will determine the outcome of the subject matter of this press release are beyond Emmis' ability to control or predict. Emmis undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law. Additional information regarding these risk factors and uncertainties is detailed from time to time in Emmis' filings with the SEC, including but not limited to its Annual Report on Form 10-K, as amended, for the fiscal year ended February 28, 2010 and Definitive Proxy Statement/Offer to Exchange filed with the SEC on July 6, 2010. These filings are also available for viewing on Emmis' website. To access this information on Emmis' website, please visit www.emmis.com and click on "Investors", "SEC Filings".

SOURCE Emmis Communications Corporation

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Preparations are underway for peace talks between Israeli and Palestinian leaders at the White House. Netanyahu and Abbas have agreed to initiate negotiations, hoping to reach a peaceful settlement within one year that will result in the emergence of an independent, democratic, and viable Palestinian state living side by side in peace and security with Israel and its other neighbors.

As hope for negotiated peace once again begins to gain momentum; a very timely and highly compelling documentary about the conflict releases in October. Little Town of Bethlehem from EthnoGraphic Media (EGM) addresses the growing nonviolence movement in Palestine and Israel. The film tells the story of three courageous men from opposite sides of the conflict who, at great personal cost, have already discovered the key to a nonviolent resolution to this seemingly intractable conflict. Produced by Mart Green, directed by Jim Hanon, and filmed on location in the West Bank, Tel Aviv, and Jerusalem, Little Town of Bethlehem brings awareness to a growing nonviolent movement in the Middle East that rarely, if ever, makes international headlines.

EGM will launch its national grassroots campaign on September 21st.  Nine select campuses (from Boston to Berkeley) will be hosting launch screenings of Little Town of Bethlehem. Faculty experts will join the film's three protagonists, director, and producer in discussions around nonviolent solutions to the ongoing conflict. Beyond that, more than 150 colleges and universities in the US as well as the EU have committed to campus screenings beginning in late September.

The protagonists are Sami Awad, a Palestinian Christian whose grandfather was killed in Jerusalem in 1948. Today he is the executive director of Holy Land Trust, a non-profit organization that promotes Palestinian independence through peaceful means. Yonatan Shapira is an Israeli Jew whose grandparents were Zionist settlers who witnessed the birth of the Israeli nation. Today he is an outspoken advocate for the nonviolent peace movement, both in his homeland and abroad. Ahmad Al' Azzah is a Palestinian Muslim who has lived his entire life in the Azzah refugee camp in Bethlehem. Today, Ahmad heads the nonviolence program at Holy Land Trust, where he trains others in the methods of peaceful activism.

Little Town of Bethlehem honestly and respectfully shares Sami's, Yonatan's, and Ahmad's stories. With all three men referencing both Martin Luther King, Jr. and Mahatma Gandhi during individual interviews, it is clear that their words, thoughts, and actions on nonviolence still profoundly impact today's nonviolent movement. Little Town of Bethlehem is not just about educating and inspiring viewers, this film raises the question, "can the cycle of violence be broken?"

View the trailer at  http://littletownofbethlehem.org

SOURCE EthnoGraphic Media

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Following up on comments made at today's Apple event regarding concert information on iTunes, Michael Rapino, President and CEO of Live Nation Entertainment, Inc. (NYSE: LYV), stated: "We are thrilled to power the concert listings feature on iTunes and deliver this new and simple way for millions of iTunes users to purchase concert tickets at Livenation.com and Ticketmaster.com. Our partnership with Apple is a key part of our strategy to empower fans with the greatest access to live entertainment."

About Live Nation Entertainment:

Live Nation Entertainment (NYSE: LYV) is the largest live entertainment company in the world, consisting of five businesses: concert promotion and venue operations, sponsorship, ticketing solutions, e-commerce and artist management. Live Nation seeks to innovate and enhance the live entertainment experience for artists and fans: before, during and after the show.

In 2009, Live Nation sold 140 million tickets, promoted 21,000 concerts, partnered with 850 sponsors and averaged 25 million unique monthly users of its e-commerce sites. For additional information, visit www.livenation.com/investors.

SOURCE Live Nation Entertainment

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Rentrak Corporation (Nasdaq: RENT), today announced the top ten DVD sales and rentals for the prior week based on estimated consumer spending.

According to the company's Retail Essentials and Home Video Essentials tracking services, the top ten selling DVDs and the top ten most-rented motion pictures, per data collected for the week ending August 29, 2010 include:

© Rentrak Corporation 2010 -Content in Rentrak Home Entertainment updates is produced and/or compiled by Rentrak Corporation and its Home Entertainment data collection and analytical service, and is covered by provisions of the Copyright Act.  The material presented herein is intended to be available for public use.  You may reproduce the content of the home entertainment updates in any format or medium without first obtaining permission, subject to the following requirements: (1) the material must be reproduced accurately; and (2) any publication or issuance of any part of the material to others must acknowledge Rentrak Corporation as the source of the material.

About Retail Essentials®

Retail Essentials measures weekly consumer sales activity on standard DVD and Blu-ray Disc titles in the U.S. brick-and-mortar channel. No other service provides faster access to in-depth market data and weekly estimations of gross consumer spending. Rentrak delivers sell-through data broken down by DVD title, format, category, genre, TV market and more, within 72 hours after the close of each business week. Clients can access current, weekly, and historical title sales data to competitively benchmark industry performance.

About Home Video Essentials®

Home Video Essentials is Rentrak's exclusive point-of-sale (POS) tracking system, which measures title-level performance via rental transactions on over 65,000 DVD and video game properties in the brickandmortar, online, and kiosk channels across North America. Rentrak is the world's largest processor of rental data, tracking in excess of one billion transactions each year from more than 13,700 storefronts within 72 hours after the close of each business week. Clients are able to identify consumer trends, quantify performance, and benchmark findings against the broader business sector.

About Rentrak Corporation

Rentrak Corporation is a global digital media measurement and research company, serving the most recognizable companies in the entertainment industry. With a reach across numerous platforms including box office, home entertainment, video on demand and linear television, broadband and mobile, Rentrak has developed more efficient metrics to be used as alternative currencies for the evaluation and selling of media. Rentrak is headquartered in Portland, Oregon, with additional offices worldwide. For more information on any of Rentrak's services, please visit www.rentrak.com.

SOURCE Rentrak Corporation

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Outdoor Channel, America's leader in outdoor TV, today announced plans for the pregame "Fields & Reels Outdoor Night" expo with the Atlanta Braves on Friday, September 10th. Willie Robertson of Outdoor Channel's "Buck Commander Protected by Under Armour" and "Benelli Presents Duck Commander" will headline the event with Braves alum Ryan Klesko to celebrate the night with area hunters, anglers and outdoor enthusiasts. In partnership with Comcast, the network will offer activities and prizes at a co-branded booth prior to the Braves vs. St. Louis Cardinals game at Turner Field.

"We are excited to partner with the Atlanta Braves and Xfinity TV from Comcast, as the event gives outdoor enthusiasts and sports fans an opportunity to come together with their favorite stars who share the same passions," said Tom Hornish, COO at Outdoor Channel.

"We are thrilled to join forces with Outdoor Channel for the 'Fields & Reels Outdoor Night' expo. This event enables us to celebrate the outdoor lifestyle and reach avid outdoor enthusiasts and sports fans in the region," said Taylor Nipper, Director of Marketing, Comcast Atlanta Region.

The expo will be filmed for an upcoming episode of "Buck Commander," capturing Robertson singing "Take Me Out to the Ball Game" during the seventh inning stretch and hosting an outdoor-themed Q&A session with good friend Ryan Klesko. "Buck Commander" is a reality-based TV show that follows Willie, aka "Boss Hogg," and current and former Major League Baseball superstars Matt Duff, Chipper Jones, Ryan Langerhans, Adam LaRoche and Tom "Tombo" Martin from batting practice to bow practice and from in-the-field to the outfield. Every episode highlights the camaraderie, comedy and antics of the six co-owners of the Buck Commander company, where the end of baseball season is only the beginning.

"Having been on 'Buck Commander' with Major League Baseball players, I am honored to be a part of such a marquee event for outdoor enthusiasts and baseball fans," commented Willie Robertson. "One of the major benefits of working with Outdoor Channel is getting to know other hunters. From baseball players to folks I meet on the road – we're all just a bunch of good ol' boys who share a love for the outdoors."

Visit the Outdoor Channel/Comcast booth at the expo for raffles and promotional giveaways, including hot-ticket posters which will only be available to the first 5,000 fans entering the stadium. Tickets for the Atlanta Braves vs. St. Louis Cardinals game are available at a discounted price with the promo code: OUTDOOR at www.braves.com/outdoor.

Outdoor Channel appears on Channel 210 on Xfinity TV from Comcast in the Atlanta market.

About Outdoor Channel Holdings, Inc.

Outdoor Channel Holdings, Inc. (Nasdaq: OUTD) owns and operates Outdoor Channel, America's leader in outdoor TV, and Winnercomm Inc., an Emmy Award winning production and interactive company. Outdoor Channel offers programming that captures the excitement of hunting, fishing, shooting, off-road motorsports, adventure and the Western lifestyle and can be viewed on multiple platforms including high definition, video-on-demand, as well as on a dynamic broadband website. Winnercomm Inc. is one of America's leading and highest quality producers of live sporting events and sports series for cable and broadcast television. Winnercomm also owns and operates the patented Skycam and CableCam aerial camera systems which provide dramatic overhead camera angles for major sports events, including college and NFL football. For more information, please visit www.outdoorchannel.com.

SOURCE Outdoor Channel Holdings, Inc.

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