Emmis & Spanish Broadcasting Reach Agreement On L.A. Tower.

Emmis Communications Corporation announced it has agreed to settle its lawsuit against Spanish Broadcasting System. As part of the settlement agreement, SBS’s KXOL-FM has vacated Emmis’ broadcast tower at Flint Peak (Glendale, California). Emmis will dismiss its lawsuit against SBS filed in California’s U.S. District Court, and SBS will withdraw its letter of complaint to the Federal Communications Commission.

No further details were released by the company.