Broadcast Station Acquisitions: MYTH No. 9: Anyone Can Be a Turnaround Artist


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 ([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. Our previous installment discussed the myth about banking on a 100% leveraged purchase.

Here, the trio discuss the myth that anyone can be a turnaround artist.

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