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London looks to double in Tyler-Longview

It will take a failed station waiver from the FCC to get done, and if that regulatory remedy is forthcoming, CW KCEB will become...

The nine deadly sins of negotiating a broadcast deal

In archery, “sinning” means missing the mark. In negotiating, there are nine common mistakes that will cause you to miss the mark. Read them carefully. Then go and “sin” no

A Heritage AM In New York’s New Hometown Owner

In the far north of Upstate New York lies a unique Class C AM radio station that offers a wide mix of obscure Oldies as Plattsburgh's "Hometown Radio" station. Will that eclectic blend of classic hits and vintage 1970s Top 40 jingles soon disappear? This heritage station is getting a new owner.

Closing A Broadcast Transaction: Avoiding The Nightmare

Erwin Krasnow of Garvey Schubert Barer and Doug Ferber of DEFcom Advisors have provided an exclusive four-part article for RBR+TVBR on what can go wrong at closing, and how to ensure that the closing is completed on the scheduled date. Here's the second installment.
John Pelkey

Prepping Your Station for Sale

At some point, every owner will decide that it is time to sell its station. Just as the owner of a house would not put the house on the market without engaging in a little fix-up and clean-up, the owner of a broadcast facility should not simply turn the station over to a broker without preparing the station for sale. While planting rose bushes in the front yard may help in the sale of a house, it is likely to be useless in attracting prospective broadcast station buyers. There are, however, a number of things that the seller can do to prepare a station for sale.
Erwin Krasnow

What To Say When Your Station Is Up For Sale

The period between the execution of a purchase agreement for the sale of a radio or TV station and the transaction's closing may be viewed by many as a broadcaster’s vision of purgatory. To ensure a smooth transition, the seller needs to know how—and when—to communicate the sale to employees, advertisers and vendors. In this column from Erwin Krasnow and Doug Ferber, the broadcast media C-Suite is guided through the intricate process of communicating the decision to sell the station. Be sure to jot down their suggestions on engaging in the most effective communication to staff, once that Form 314 is filed with the FCC.

Broadcast Station Acquisitions: MYTH No. 7: Real Estate: Gaining Lots of Value

Erwin Krasnow, Doug Ferber & Bishop Cheen discuss the myth that real estate gains you much deal value.
Erwin Krasnow / John Brooks

The Do’s of Doing Financial Due Diligence

Conducting effective due diligence is a critical step when planning to acquire

Online political: Leave radio out of it

With no mention of radio whatsoever by the watchdogs, small radio is wondering how it got roped into
Erwin Krasnow / John Brooks

Capitalizing on radio’s strong suit

At the bottom of the Great Recession, radio had lost $5 billion of revenue, from over $20 billion in 2007 to
Erwin Krasnow / John Brooks

How to Work With Your Lender in Tough Times

During recent broadcast history, not only has it been difficult to procure financing, it has also often been difficult to repay it. In this installment of Deal Tips, transaction experts John Brooks and Erwin Krasnow stress the importance of candor and honesty during hard times, and explain exactly what this entails. This is a must read for anyone who has ever financed an acquisition.
Erwin Krasnow

A Broadcaster’s Guide to Due Diligence Part 2

We can’t say that you asked for it, but we’ve always sort of had a hankering for a list of how markets are ranked by Arbitron on the one hand, Nielsen on the other hand, and by Eastlan on yet another hand (not to suggest there mutations are widely present in the broadcast nerd community). And yes, we suspect this list will be of particular interest to the nerdiest of broadcast and research professionals. But we think it’s very interesting.
Erwin Krasnow / Gary Cavell

Due Diligence — A Not Too Technical Guide (Part 4)

By Garrison C. Cavell and Erwin G. Krasnow, Esq. In this week’s installment of our “not-too-technical, not-too-basic” guide to due diligence, we’ll highlight regulatory compliance...
Erwin Krasnow / Gary Cavell

Due Diligence — A Not Too Technical Guide (Part 3)

By Garrison C. Cavell and Erwin G. Krasnow, Esq. In the last two installments of our “not-too-technical, not-too-basic” guide to due-diligence, we made suggestions on...
Erwin Krasnow / Gary Cavell

Due Diligence — A Not Too Technical Guide (Part 2)

By Garrison C. Cavell and Erwin G. Krasnow, Esq. In Part 1 of our not-too-technical, not-too-basic guide (RBR/TVBR. March 1, 2013), we mentioned that there...

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