emms-ex21



Name Under Which Subsidiary Does Business		Jurisdiction of Organization
Emmis Communications Corporation		IN
Emmis Operating Company		IN
Emmis Radio, LLC (f/k/a Emmis Radio Corporation)¹		IN
Emmis Publishing, L.P.²		IN
Emmis Indiana Broadcasting, L.P.³		IN
Emmis Radio Holding Corporation		IN
Emmis Radio Holding II Corporation		IN
Emmis New York Radio LLC		DE
Emmis New York Radio License LLC		DE
WBLS-WLIB, LLC		IN
WBLS-WLIB License, LLC		IN
WLIB Tower LLC		IN
Emmis Publishing Corporation		IN
Emmis Radio License, LLC ⁴		IN
Emmis License Corporation of New York⁴		CA
Emmis Radio License Corporation of New York⁴		CA
NextRadio, LLC		IN
TagStation, LLC		IN
NextRadio Sales, LLC		IN
Radio Austin Management, L.L.C.		TX
Emmis Austin Radio Broadcasting Company, L.P.		TX
Waterloo II, Ltd. (6.6%)		TX
BTC, LLC (12.5%)		DE
Digonex Technologies, Inc.		IN
WHHL, LLC		IN

Footnotes
* Emmis Communications Corporation directly or indirectly owns 100% of all entities except as otherwise noted. 1 Emmis Radio, LLC operates all our radio stations except for the stations held by Emmis Indiana Broadcasting, L.P., Emmis Austin Radio Broadcasting Company, L.P. 2 Emmis Publishing, L.P. publishes Indianapolis Monthly. 3 Emmis Indiana Broadcasting, L.P. operates all our Indiana radio stations (WFNI-AM, WLHK-FM, WIBC-FM, WYXB-FM), and Network Indiana. 4 Emmis Radio License, LLC holds all our radio FCC licenses except for the FCC licenses in New York and Texas, which are held by other subsidiaries.