January 14, 1999 Mr. Howard Schrott Chief Financial Officer Emmis Communications Corporation One Emmis Plaza, 7th Floor 40 Monument Circle Indianapolis, Indiana 46204 Dear Mr. Schrott: We are aware that Emmis Broadcasting Corporation has incorporated by reference in its Registration Statement Nos. 33-83890, 333-14657 and 333-68439 its Form 10-Q for the quarter ended November 30, 1998, which includes our report dated December 18, 1998, covering the unaudited interim financial information contained therein. Pursuant to Regulation C of the Securities Act of 1933, that report is not considered a part of the registration statement prepared or certified by our firm or a report prepared or certified by our firm within the meaning of Sections 7 and 11 of the Act. Very truly yours, /s/ ARTHUR ANDERSEN LLP - ----------------------- ARTHUR ANDERSEN LLP