Expert in Radio Television Station Appraisal, Broadcast Economics, Business Interruption, Audience Ratings
Expert ID: 727788 Washington, USA
He has served as an expert in matters relating to radio and television broadcast towers, including cases of catastrophic loss and business interruption.
In his 40 year career as a station appraiser and economic analyst, he has conducted field inspections and appraisals of over 3,000 stations in the United States, Canada, and Mexico. Prior to becoming a station appraiser in 1973, he worked at various radio and TV stations, and also operated a successful consulting engineering company.
He is currently the President of a media company, which was formed in 1989.
Expert has served and appraised numerous radio and TV towers. He has also been recognized as an expert in matters relating to catastrophic failure of towers and matters relating to business interruption damages for businesses that were dependent upon the use of such towers.
Expert on "fairness" of television business projections of a multi-billion dollar company, which sought bankruptcy protection after a failed LBO; Expert on business interruption claim of a very successful broadcast TV station that sustained the loss of its 2,000-foot transmission tower, and was unable to broadcast its regular over-the-air signal for an extended period. Lead Expert in TV Economics, representing the TV broadcast industry, and US Department of Justice, in a special proceeding ordered by the US Supreme Court in their review of the "Must Carry Obligations" of cable systems to local TV broadcasters.
Expert on radio station valuation during debtor-in-possession financing dispute. Case was unusual in that it involved radio stations operating in a major market utilizing a novel form of "booster" transmission.
Expert on station valuation, damages, and availability of capital for construction and operation of a major new station. The case also involved issues of "attorney ethics", and extended over 12 years. Expert's testimony was twice favorably commented upon by the state's Supreme Court, when it upheld his client's judgment during two different appeals.
|Year: 1976||Degree: MBA||Subject: Finance||Institution: American University - Washington, DC|
|Year: 1972||Degree: BS||Subject: Radio & TV||Institution: Ithaca College|
|Years: 1989 to Present||Employer: Undisclosed||Title: President||Department:|
Responsibilities:Station Appraisal, Litigation Support, Expert Witness, and Investment Banking
|Years: 1984 to 1989||Employer: ComCapital Group||Title: Partner||Department:|
Responsibilities:Station Appraisal, and Investment Banking
|Years: 1975 to 1984||Employer: DES Associates||Title: President||Department:|
Responsibilities:Station Appraisal, Litigation Support, and Expert Witness
|Years: 1975 to 1983||Employer: Paul Kagan Associates||Title: Editor||Department: Broadcast Investor, Cable TV Technology|
Responsibilities:Editor, Broadcast Investor, and Cable TV Technology Newsletters
|Years: 1972 to 1975||Employer: Frazier, Gross & Clay||Title: Associate||Department: Broadcast Appraisal & Economics|
Responsibilities:Appraisal of broadcast radio and television stations for M&A purposes and asset allocation.
|Years: 1995 to 1995||Agency: US Department of Justice||Role: Expert||Description: Preparation of Expert Testimony for submission to a speacial request by the US Supreme Court relating to its review of the "Cable Television Consumer Protection Act" (1992)|
|Years: 1991 to 1993||Agency: FDIC||Role: Appraiser - TV & Radio Broadcast Stations||Description: Appraisal of broadcast radio and TV stations constituting the secured assets of loans of failed financial institutions.|
|Years: 1991 to 1993||Agency: Comptroller of the Currency||Role: Appraiser - TV & Radio Broadcast Stations||Description: Appraisal of broadcast radio and TV stations constituting the secured assets of loans of failed financial institutions.|
|Years: 1991 to 1993||Agency: Resolution Trust||Role: Appraiser - TV & Radio Broadcast Stations||Description: Appraisal of broadcast radio and TV stations constituting the secured assets of loans of failed financial institutions.|
|Years||Country / Region||Summary|
|Years: 1998 to 1998||Country / Region: Mexico||Summary: Expert for TV Azteca in its major contratural dispute with NBC regarding the practical value of a $400 million dollar consulting contract|
|Years: 1997 to 1997||Country / Region: Canada||Summary: Valuation of several commercial radio stations owned by "Standard Broadcasting", Ltd. on nehalf of a senior lender.|
|Awards / Recognition|
|Taggart Fellow in Finance,
Stern Graduate School of Business, New York University
|Publications and Patents Summary|
|Expert has frequently been quoted in numerous publications within the broadcasting industry. He has also been quoted in the New York Times, Forbes, and the Wall Street Journal.|
Fields of Expertise
business valuation, damage assessment, economic loss analysis, evaluation, expert witness, facility evaluation, impairment evaluation, intangible assets valuation, market value, radio antenna, radio-frequency transmission, television station, television transmission, valuation, radio station, finance, radio studio, radio transmitter, radio tower, tower structure, investment banking, property damage, value-in-use, market assessment, direct broadcast satellite, radio technology, AM demodulation, Federal Communications Commission regulation, amateur radio antenna, amateur radio, facility appraisal, transmitting antenna, NTSC television signal, aural signal, television signal, ground wave, FM radio electronic equipment, AM radio electronic equipment, mass media telecommunication, Federal Communications Commission licensing, economics, high-definition television system, FM transmission, television system, television receiver, Federal Communication Commission, review, FM radio electrical equipment, radio-frequency interference, television studio, television equipment, cable television system