Emmis Communications Corporation, a diversified media company, engages in radio broadcasting and magazine publishing primarily in the United States. As of February 28, 2007, the company owned and operated 7 FM radio stations serving New York, Los Angeles, and Chicago, as well as 14 FM and 2 AM radio stations in Phoenix, St. Louis, Austin, Indianapolis, and Terre Haute. It also owns and operates a network of radio stations in the Flanders region of Belgium, owns a national radio network in Slovakia, as well as holds a 59.5% interest in a national radio station in Hungary, and 60% interest in two national radio networks in Bulgaria. The company’s publishing operations consist of Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Tu Ciudad, and Country Sampler and related magazines. It also engages in various broadcasting business, such as consulting, broadcast tower leasing, and operating a news information radio network in Indiana. The company was founded in 1981 and is headquartered in Indianapolis, Indiana.