When it comes to making a deal happen, most buyers will use a cash flow multiple as an important element in valuing a station — and will rely on the seller's accounting records to make the calculation. But, what if your financial records are, quite frankly, a haphazard mess?
Ahead of a busy Memorial Day holiday, our Editor-in-Chief went to his local mall -- the biggest tourist destination in Florida. The specialty stores had practically no foot traffic. But, there were shoppers in the mall. They were patronizing some active users of broadcast media advertising. This reinforces a report this week from eMarketer sharing data worthy of your time.
Younger consumers are cutting the cord, and finding new ways to watch video entertainment. The common belief is that these viewers are switching to SVOD services or viewing content on their phone, with no interest in linear TV. New data from Nielsen suggest that this assumption couldn’t be further from the truth.
Customer satisfaction with video streaming services far eclipses that of subscription TV service. That's a top finding from the just-released American Customer Satisfaction Index (ACSI) 2018 Telecommunications Report. We have all of the details right here.
Does the Commission have a big problem with how it looks at a big, complex merger? Daniel Lyons, an associate professor at Boston College Law School who is also a visiting fellow at the American Enterprise Institute, very much thinks so. Here's what he has to say on the subject.
Pivotal Research Group Senior Research Analyst of Advertising Brian Wieser has analyzed trends associated with the use of television alongside commercial share trends for national media owners in the U.S. for the calendar month of April 2018. What did he find? Viewing on internet-connected devices surged.
Mike Rudd is a sports marketing specialist, speaker, and an author of the book "Hot Dogs, A Little Marketing, and A Lot of Fun!" In this Media Information Bureau encore column, Rudd discusses the sports radio fan. Given the success of the Las Vegas Golden Knights and the NBA and NHL playoffs, Rudd's column could again be very timely for sports radio stations looking for extra dollars.
Many sellers underestimate how much they will need post-exit and overestimate the company’s value. In this third Deal Killers Podcast, Community Broadcasters COO Bruce Mittman, President/CEO Jim Leven and Controller Peter Henderson share their thoughts on the important topic of "unclear post-closing goals." It's another RBR+TVBR member exclusive!
FCC Chairman Ajit Pai on Thursday attended a hearing on the FY2019 funding request and budget justification for the FCC convened by the Senate Subcommittee on Financial Services and General Government Committee on Appropriations. As a benefit to all interested parties, RBR+TVBR is pleased to provide Pai's statement delivered to the subcommittee, in full.
Last week RBR+TVBR featured columnist Ken Benner traveled to Washington, D.C. and met with several members of Congress. The purpose of the trip: to lobby for retention of an agency the current administration may wish to do away with. It's important — one Think Tank Wonk who has an ear with another agency, the FCC, has already asked why the Commission should exist.
Do you know your strengths? If so, are you confident in them? Do you utilize your strengths in your business and relationships? These are some of the questions Media Information Bureau columnist Kelly Orchard addresses in her latest exclusive-to-RBR+TVBR column.
As more participate and contribute to social media, consumers are getting savvier by the day. As such, the company that thrives in this extreme vetting environment are the ones who boast salesmen who do not actually sell. Does this describe your broadcast media company's best clients?
In July 2008, Natalie Swed Stone, U.S. Director of National Audio at OMD chatted with RBR+TVBR to discuss solutions-based issues and problems for the radio industry. Stone touched on such subjects as free ad-supported options for satellite radio, the PPM and networking HD Radio multicasts. One decade on, we revisit Stone's interview to see where the radio industry has gone, and if what was predicted and advised came to fruition today.
Some buyers regard the retention of key employees following the closing of a radio or TV station acquisition as an essential element of the deal. Yet, sellers often do not take into consideration the adverse impact of the exit of a key employee — or several. Should a firm succession plan be drafted before the Asset Purchase Agreement is signed? That is the focus of this exclusive "Deal Killers" podcast featuring the COO and CEO of Community Broadcasters, media broker Doug Ferber and respected D.C. communications attorney Erwin Krasnow.
Is the public comment process broken? Does the way the Federal government presently seeks input from the public fail to weed out fraud? Yes, says Democratic FCC Commissioner Jessica Rosenworcel, who slams her agency for failing to work with state authorities that found their residents' identities were stolen and then used to file public comments on Net Neutrality. Here are her comments, delivered Wednesday at a liberal-leaning D.C. think tank.