Exhibit 15

January 14, 2003


The Board of Directors and Shareholders
Emmis Communications Corporation and Subsidiaries

We are aware of the incorporation by reference in the Registration Statements on
Form S-8 (Nos. 33-83890, 333-14657, 333-42878, 333-71904 and 333-92318) of Emmis
Communications   Corporation   and  the   incorporation   by  reference  in  the
Registration  Statement  on Form S-3  (No.  333-62172)  of Emmis  Communications
Corporation and Emmis Operating  Company  (collectively,  "Emmis") of our report
dated January 3, 2003 relating to the unaudited condensed  consolidated  interim
financial  statements of Emmis  Communications  Corporation  and Emmis Operating
Company that are included in Emmis' Form 10-Q for the quarter ended November 30,
2002.  Pursuant to Rule 436(c) of the  Securities  Act of 1933 our report is not
part of the registration  statement  prepared or certified by accountants within
the meaning of Section 7 or 11 of the Securities Act of 1933. It should be noted
that we have not performed any procedures subsequent to January 3, 2003.

Very truly yours,



/s/ ERNST & YOUNG LLP
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ERNST & YOUNG LLP