Exhibit 25.1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY UNDER THE
TRUST INDENTURE ACT OF 1939 OF A CORPORATION
DESIGNATED TO ACT AS TRUSTEE

Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2) o

U.S. BANK NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

31-0841368
(I.R.S. Employer Identification No.)

800 Nicollet Mall Minneapolis, Minnesota	55402 (Zip Code)
(Address of principal executive offices)

Wally Jones
U.S. Bank National Association
150 Fourth Avenue North
2nd Floor
Nashville, TN 37219
(615) 251-0733
(Name, address and telephone number of agent for service)

EMMIS COMMUNICATIONS CORP

(exact name of obligor as specified in its charter)

INDIANA	35-1542018
(State or other jurisdiction of incorporation or organization)	(I.RS. Employer Identification No.)
ONE EMMIS PLAZA 40 MONUMENT CIRCLE SUITE 700 INDIANAPOLIS, INDIANA (317) 266-0100	46204 (Zip Code)
(Address of principal executive offices)

12% PIK Senior Subordinated Notes

(Title of the indenture securities)

Item 1. General information.

Furnish the following information as to the trustee-

(a)	Name and address of each examining or supervising authority to which it is subject.
	Comptroller of the Currency Washington, D.C.
	Federal Deposit Insurance Company Washington, D.C.
	The Board of Governors of the Federal Reserve System Washington, D.C.
(b)	Whether it is authorized to exercise corporate trust powers.
	Yes.

Item 2. Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

Items 3.-15. Items 3 — 15 are not applicable because, to the best of the knowledge of U.S. Bank National Association (the “Trustee”), the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

Item 16. List of Exhibits.

List below all exhibits filed as a part of this statement of eligibility; provided that exhibits identified in parentheses are filed with the Commission and are incorporated herein by reference as exhibits hereto pursuant to Rule 7a-29 under the Trust Indenture Act of 1939, as amended, and 17 C.F.R. 229.10(d).

1.	A copy of the articles of association of the Trustee as now in effect. (Exhibit 25.1 to Amendment No. 2 to Form S-4, Registration Number 333-128217, filed by Revlon Consumer Products Corp.)
2.	A copy of the certificate of authority of the Trustee to commence business, is contained in the articles of association referred to in Paragraph 1 above.
3.	A copy of the authorization of the Trustee to exercise corporate trust powers. (Exhibit 25.1 to Form S-3ASR, Registration Number 333-155592, filed by ONEOK, Inc.)
4.	A copy of the existing by-laws of the Trustee as now in effect. (Exhibit 4 to Exhibit 25.1 to Form S-3, Registration Number 333-160020, filed by The Phoenix Companies, Inc.)

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5.	A copy of each indenture referred to in Item 4, if the obligor is in default.
	Not Applicable.
6.	The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.
7.	A copy of the latest report of condition of the Trustee published pursuant to law or the requirements of its supervising or examining authority as of the close of business on March 31, 2010, attached as Exhibit 7.

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SIGNATURE

     Pursuant to the requirements of the Trust Indenture Act of 1939 the trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Nashville, State of Tennessee, on the 17^th day of May, 2010.

U.S. BANK NATIONAL ASSOCIATION
By:	/s/Wally Jones
	Wally Jones
	Vice President

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Exhibit 6

CONSENT OF TRUSTEE

     In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION, hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District Authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: May 17, 2010

U.S. BANK NATIONAL ASSOCIATION
By:	/s/Wally Jones
	Wally Jones
	Vice President

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U.S. Bank National Association
Statement of Financial Condition
EXHIBIT 7
AS OF 3/31/2010
(000’s)

	3/31/2010
ASSETS
Cash and balances due from depository institutions		8,396,049
Securities		45,269,095
Federal funds sold and securities purchased under agreements to resell		3,774,651
Loans and lease financing receivables		180,918,939
Trading assets		1,093,896
Premises and fixed assets (including capitalized leases)		2,220,060
Other real estate owned		1,726,653
Investments in unconsolidated subsidiaries and associated companies		67,633
Intangible assets		13,355,160
Other assets		20,687,148
Total assets		277,509,284
LIABILITIES
Deposits		194,167,405
Federal funds purchased and securities sold under agreements to repurchase		9,849,249
Trading liabilities		362,519
Other borrowed money		31,906,386
Subordinated notes and debentures		7,629,967
Other liabilities		6,648,045
Total liabilities		250,563,571
EQUITY CAPITAL
Common stock		18,200
Surplus		12,642,020
Retained earnings		12,673,897
Noncontrolling (minority) interests in consolidated subsidiaries		1,611,596
Total equity capital		26,945,713
Total liabilities and equity capital		277,509,284

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