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Full-Text Articles in Law
The “Vast Wasteland” Revisited: Headed For More Of The Same?, Michael J. Copps
The “Vast Wasteland” Revisited: Headed For More Of The Same?, Michael J. Copps
Federal Communications Law Journal
No abstract provided.
Whatever Happened To Local News?: The “Vast Wasteland” Reconsidered, Geoffrey Cowan
Whatever Happened To Local News?: The “Vast Wasteland” Reconsidered, Geoffrey Cowan
Federal Communications Law Journal
No abstract provided.
Equity Pooling And Media Ownership, Peter Chinloy
Equity Pooling And Media Ownership, Peter Chinloy
Federal Communications Law Journal
This Article outlines a method of pooling equity for acquiring a portfolio of media properties. Each participant receives a security containing an investment return and a management right. The management right goes only to one successful bidder, offering a cash payment to other investors as an access price. By offering repeat bidding on several properties, different members of a pool achieve ownership while diversifying their risk. Alternatively, an investor not wishing management receives a higher compensating return. The procedure is particularly suited to media properties dependent on local advertising such as radio, "free" community newspapers, and television outlets. These properties …