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CONTRACT CLOSE-UP
One of the great things about making an escrow deposit a requirement in the sale of broadcast assets is that it helps to validate the...
The buyer of a broadcast station is acquiring a scarce commodity – it’s not as if there’s an opportunity to go across the street to...
Communications law expert John M. Pelkey of Garvey Schubert Barer doesn’t quite say that, if indemnification clauses were put in capsule or tablet form, they...
The seller of a broadcast property cannot just walk away from the closing table and start counting its money – most buyers will have the...
Broadcast transaction, what you see is not always what you ultimately get – sometimes it's better! Such is the case when the station being sold has upgrade potential. In an ideal situation, the licensee will upgrade the station before selling it, but ...
One of the key components of a broadcast operation is a tower – the station’s vertical real estate. Besides making broadcasting possible in the first...
Are you planning to buy a broadcast station? Would you like to include protections for yourself in the contract -- protections the seller perhaps would...
Pitfalls the strategy places in front of each party and the contractual safeguards that can be used to avoid them. In most broadcast transactions, the buyer purchases the station’s assets. Every so often, however, it makes more sense
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In a broadcast transaction, it is pretty much a given that the seller will have the goods ready to go on closing day. However, the...
Most broadcast stations are sold as going concerns, and a large part of their value is in the form of intellectual property, loyal audience and...
Mention the phrase “station trading market” to a veteran media broker and you might soon be fielding the question, “What station trading market?” To say...
Promises, promises! In a broadcast transaction, the buyer expects to get its property as represented. Due diligence should provide answers to many relevant questions on...
A broadcast owner getting out of the business may want to make sure ties to the station in the form of costs or responsibilities are...
Not just anybody can own a broadcast station, and that is a matter of importance to an individual or entity proposing to sell a station....
Licenses, microphones, transmitters, towers, buildings, chairs – these are some of the items that change hands in a broadcast transaction. None of them are likely...
Anybody who has ever bought a previously lived-in house knows that some things convey to the buyer, and others do not. That sort of thing...
When a contract for the sale of a broadcast station comes undone, it often leaves more than hurt feelings in its wake. The parties to the transaction may suffer actual monetary harm, ...
Difficult financing environment have contributed to the increasing use of seller paper to get deals done. Read this explanation of promissory notes ...
Contracts: KTAQ-TV Dallas. Television stations expect to be part of all significant MVPD channel lineups in their DMA, whether it is the type that brings...
Contracts: WTIF(AM) Tifton GA, WTIF-FM Omega GA and WFFN(FM) Ashburn GA; WFXG-TV Augusta GA; KTKA-TV Topeka KS; KZRM-FM Chama NM; WACF(FM) Young Harris GA. There...
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