A Bleak Broadcast Media M&A Outlook, From A Broker


LAS VEGAS — For forty years, Robert Heymann has served as a media broker, helping buyers and sellers complete transactions with values ranging from $11,000 for an Indiana low-powered TV station to the $165 million deal that created Classic Rocker “The Drive” in Chicago.

Given his experience with transactions, born out of his ownership of an FM radio station in San Francisco in the early 1980s, what does Heymann have to say about the deal-making environment of today and its overall health? The assessment is hardly rosy.

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