Company: SNL Kagan
Published: March 10, 2009
In the 2008-2009 financial meltdown, many broadcast stocks have been beaten down to little more than option values, but that doesn’t mean all investors are shunning the sector. As companies recapitalize to the lowered leverage ratios acceptable today, there is a chance for opportunistic investors to enter at levels that would have been impossible a year ago. This exclusive study from SNL Kagan delves into today’s valuation benchmarks, and explores the future economics of the business.