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. Our third installment discussed the myth of gross revenue formulas.
Here, the trio discuss the myth that broadcast cash flow is easy to calculate.