A Horse of a Different Color
Although it might be true that a rose is a rose is a rose, it would be wrong to assume that a purchase agreement is a purchase agreement is a purchase agreement. Newcomers to the broadcast industry are sometimes surprised at some of the differences between a broadcast transaction and the sale of a business, such as the local hardware store, that is not so fraught with regulatory requirements.
Protecting Against the Specter
The specter that hovers over any broadcast transaction is the possibility that someone could file a petition asking the FCC to deny the application seeking the Commission’s consent to the transaction. After what may have been months of negotiation, the swapping of numerous drafts and meticulous due diligence, the transaction may be upended by such a petition to deny.
A businessperson’s guide to the four behavioral styles
In 1928, psychologist William Moulton Marston conceived, developed and wrote about a modern take on behavior profiles. Behavior profiles have undergone many transformations since then, with the most important transformations in the tools used to measure people according to Marston’s original model.
Shopping for the Right Communications Lawyer Part 2
Choosing a communications lawyer is a major decision for current and prospective owners of radio and television stations. Yet, too often
Buying and selling Hispanic Radio today: A 360-degree view
Today, Hispanic Radio is the key vehicle to reach Hispanics across different age groups, social
Shopping for the Right Communications Lawyer Part 1
Choosing a communications lawyer is a major decision for current and prospective owners of radio and television stations. Yet, too often
How far can you go in a non-compete agreement?
In these days of radio broadcasting by cluster, some owners find they have more stations than they need and wouldn’t mind “thinning the heard.” There are buyers for these stations and we may begin to see some more deals. When the seller is staying in the market, however, there is often a fear that the buyer may use the station to compete with the seller, and so some sellers have tried to put restrictions in the sales agreement, sort of like a negative covenant in real estate. “Yes you now own the land, but you cannot use it for an industrial purpose.”
Making Your Intentions Known
Drafting a purchase agreement can be a complex affair. Despite the best intentions of the parties, the negotiation and drafting process nearly always
Building a digital LPTV for under $100K
WYBN-LD launched October 18th, 2011 from the Windham Ski area NY, right after Hurricane Irene. We feel we have benefited immensely from
Lew Dickey on CBS Sports Radio rollout
It’s been almost four months since CBS Corp. launched CBS Sports Radio, with a lineup of national programming that features the
Measuring Glaciers
Every month when Arbitron’s PPM ratings release around the country, programmers, researchers, general managers and the trade press (to name just a few) immediately begin crunching the numbers to look for trends. Who’s up, who’s down and what are the leading indicators pointing to for the next book? Depending on where you sit, this might resemble staring at a glacier because on a multi-market level changes in share and rank can seem imperceptible to the untrained eye.
What to Do When Things Go Sour – Part 2
John M. Pelkey, Garvey Schubert Barer
Part 1 of this two-part series (RBR/TVBR, April 5, 2013) dealt with contract provisions that protect a party from...
IAB goes after a prime radio-TV opportunity
RBR/TVBR believes in the future of broadcasting. That’s why its columnists address opportunities like the three columns I wrote for this newsletter last year about co-op ad funding. In emails I heard—loud and clear—from broadcasters that were pleased they took time to train staffs about co-op. That was satisfying to this author because my team and I, way back when, introduced a lot of stations to co-op in our days building RAB.
But the rising star of advertising—digital media—is becoming increasingly aware of co-op. Interactive Advertising Bureau is RAB’s equivalent in digital and they just did a white paper headlined Co-op Advertising: Digital’s Lost Opportunity.
Seven Questions with Dave Hanna
Lockwood President/CEO Dave Hanna describes how this television group has been built from very modest roots and details its plans to get bigger. Bigger groups will enjoy learning that they are models for this up-and-comer – and the FCC can put Lockwood on the “not interested” list when it comes to incentive auctions.
Due Diligence — A Not Too Technical Guide (Part 4)
By Garrison C. Cavell and Erwin G. Krasnow, Esq.
In this week’s installment of our “not-too-technical, not-too-basic” guide to due diligence, we’ll highlight regulatory compliance...