Broadcast Station Acquisitions: The Myth of Gross Revenue Formulas


Erwin KrasnowDoug-FerberBishop Cheenby Erwin G. Krasnow, Doug Ferber & Bishop Cheen

Deal flow speaks volumes about the entrepreneurial appetite for broadcast properties, and with the FCC’s broadcast incentive auction drawing closer, Garvey Schubert Barer attorney Erwin G. Krasnow (, DEFcom Advisors CEO Doug Ferber ( and SNL Kagan Analyst/Consultant Bishop Cheen ( have written an extensive commentary de-bunking common auction myths. Our second installment discussed the myth of comparables.

Here, the trio discuss the myth of gross revenue formulas.

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