Essay specific features
June 17, 2016
No of pages / words:
5 / 1339
Rating of current essay:
Plus those 12 stations include a media company (BET Holdings) which targeted the African American population by its media “Black Entertainment Television”.
- Greater advertising revenue: This acquisition will increase the size of the company and in particular the African American base ,hence would bring greater advertising revenue since in the past the company had been successful in bringing more advertisers by convincing them about the spending power of afro American community ,thus would build a platform for the company’s planned expansion into other forms of media, including cable, recording industry, and Internet...
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Radio One’s stock is trading at such multiple since analyst must be speculating at Radio One’s deal with Clear Channel.
Since the analysts are already expecting the deal to done so there is a lot of probability that the price to be paid in accordance to 30xBCF can be more than the actual value of the 12 stations to be acquired...
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