Broadcast Station Acquisitions: MYTH No. 14: ‘The Greater Fool Strategy’

By on Feb, 17 2016 with Comments 0

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 (ekrasnow@gsblaw.com), DEFcom Advisors CEO Doug Ferber (doug@defcomadvisors.com) and SNL Kagan Analyst/Consultant Bishop Cheen (bcheen@carolina.rr.com) have written an extensive commentary de-bunking common auction myths. Previously, they covered the myth that “State-of-the-Art is a race you can win.

Here, the trio discuss the myth of “the greater fool strategy”.

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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