Work With the Leading Valuations Provider for Media Companies
With valuations by qualified professionals more critical than ever
in an era of more oversight by investors and regulatory bodies, it
is important to make sure you select the right company to handle your
needs.
BIA/Kelsey has a history of distinguished service in the valuation
of many of the largest new and media and telecommunications
firms in the world, technology and online companies, both established
and startups.
Below is a list of the types of valuations we have completed,
and some select case studies.
BIA/Kelsey has
completed the following types of valuations and
appraisals:
Traditional Media
- Performed operational audits for a client with multiple radio
stations to assure compliance among properties.
- Appraised
potential acquisitions and prepared evaluation
of stock for a leading radio industry player.
- Provided
workout assistance to a radio operator doing
business in three markets facing a principal
payment shortfall. BIA/Kelsey provided the operator with various
valuation scenarios on the properties in both an orderly and forced
liquidation. We provided an assessment on the sales effectiveness
of the organization and provided recommendations for improvements
to the advertising sales process. We also offered assessment on
company’s ability to
better compete for advertising dollars.
- Assisted a television
broadcaster that had defaulted on its credit
payments. Our work involved a valuation of
the property and recommendations for restructuring the sales, programming
and technical operations of the station. We also advised the Board
of Directors on possible reconfigurations of the organization and
outlined several scenarios for evaluation.
- Financial
due diligence and operational review on a purchase
by a weekly Hispanic news magazine of a competitor.
This assignment also included an ongoing advisory program to assist
the Client in the transition following the completion of the acquisition.
This also included training the firm’s Controller to be able to
complete a future due diligence.
- A
far ranging assignment for a financial institution
considering an investment in a media operation
in the Southeastern US. This included valuing the assets and offering
opinion on likely success of this firm across multiple media platforms
including an alternative newspaper, radio properties, traffic network
and specialized vertical websites specific to the markets in which
this company traded.
- Performed
a valuation for a prominent media lender to
evaluate the upside advertising potential of
a relatively new cable television network. We contacted a number
of current and prospective network advertisers to advise the finance
firm of the advertising industry’s understanding
of the value proposition of the network as
an advertising platform for their firms or
Clients.
Digital Media
- Provided values on a web property operating in a partnership
between two local media firms.
- Completed a
purchase price allocation for Enliven Marketing
Technologies of Springbox, Ltd, a digital ad agency. BIA/Kelsey valued
the intangible assets associated with the acquisition of Springbox.
Intangible asset valuations included customer lists, trade names,
and non-competition/employment agreements.
- Performed
various web site valuations for Salem Communications
including Church.com, Christianity.com, ChristianJobs.com.
BIA/Kelsey performed tangible and intangible
asset allocations on these properties. These companies provide job
listings and employment opportunities to the Christian and family-friendly
community. We valued customer lists (email addresses), internet domain
names, and intellectual property associated with programming code.
- Performed
web site valuation for Oklahoma City news
website jointly owned by Griffin Communications and the Daily Oklahoman.
BIA/Kelsey performed a fair market valuation of a company called
IneedTHIS.com, which is an Oklahoma City on-line business directory.
- Performed
a fair market valuation (FMV) of streaming
a website for Ampex, an early entrant in
video streaming.
- Performed
a fair market valuation of local vertical
websites owned by Brewer Broadcasting in
Chattanooga, TN.
Licenses
- Evaluated a joint operating agreement
between two prominent communications firms
in a U.S. territory.
- Evaluated the
spectrum value of the EBS licenses of dozens
of schools and colleges.
- Prepared
valuation of FCC licenses and testimony for
a landmark case in US Tax Court using precedent-setting
valuation techniques.
- Conducted
an analysis of FCC "Must Carry" rules
for a prominent cable television operator.
Other
- Valued Captivate Networks (Digital
Out-of-Home Company) company for financing
purposes; Project took place prior to sale
to Gannett.
- Analyzed the impact of
a Superstation carriage on a leading professional
athletic association.
BIA/Kelsey is the most complete financial
services and strategic consulting firm dedicated
to the broadcasting, telecom, publishing, technology
and online industries. With over 5,000 client
engagements for companies in the Fortune 500
to start-ups, our experts possess the most
comprehensive knowledge of the full media landscape
available in the industry.
Independent and
customer-focused, BIA/Kelsey is primed to deliver
the best value and the best results for your
company.
Engage BIA/Kelsey today with your
business questions, and let's explore together
how we can meet your needs.
Contact us today at: (703) 818-2425 or email: info@bia.com.
|
