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


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 (, DEFcom Advisors CEO Doug Ferber ( and SNL Kagan Analyst/Consultant Bishop Cheen ( have written an extensive commentary de-bunking common auction myths. Our sixth installment discussed the myth that seller’s revenues and BCF predict future performance.

Here, the trio discuss the myth that real estate brings value to a deal.

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