Broadcast Station Acquisitions: MYTH No. 13: “State-of-the-Art” Is a Race You Can Win

by 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 ([email protected]), DEFcom Advisors CEO Doug Ferber ([email protected]) and SNL Kagan Analyst/Consultant Bishop Cheen ([email protected]) have written an extensive commentary de-bunking common auction myths. Previously, they covered the myth that a station’s culture is perishable.

Here, the trio discuss the myth that “State-of-the-Art is a race you can win.