1 EXHIBIT 15 March 12, 1999 Mr. Walter Z. Berger Chief Financial Officer Emmis Communications Corporation One Emmis Plaza 40 Monument Circle, Suite 700 Indianapolis, IN 46204 Dear Mr. Berger: We are aware that Emmis Communications Corporation has incorporated by reference in this registration statement its Form 10-Q for the quarter ended May 31, 1998, which includes our report dated June 19, 1998, covering the unaudited interim financial information contained therein, its Form 10-Q for the quarter ended August 31, 1998, which includes our report dated October 7, 1998, covering the unaudited interim financial information contained therein and its Form 10-Q for the quarter ended November 30, 1998, which includes our report dated December 17, 1998, covering the unaudited interim financial information contained therein. Pursuant to Regulation C of the Securities Act of 1933, those reports are not considered a part of the registration statement prepared or certified by our firm or reports 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