David E. Schutz – Qualifications and Experience
(206) 201-3822
David E. Schutz is President of Hoffman Schutz Media Capital and has more than forty years of experience in the valuation of communications assets, including radio stations, television stations, communications towers, FCC licenses, and related telecommunications infrastructure.
His practice includes business valuation, estate and tax appraisals, litigation support, expert witness testimony, and economic damages analysis involving communications-related assets and businesses.
Professional Summary
David E. Schutz has developed a multidisciplinary background combining financial analysis, broadcast operations, engineering experience, regulatory knowledge, and communications industry economics.
This background supports the valuation of complex communications businesses and infrastructure assets in legal, financial, and regulatory settings.
Broadcast Station and Communications Tower Experience
Mr. Schutz has participated in the valuation of more than 4,000 radio and television stations throughout the United States.
Assignments have included independently owned stations, major market stations, station groups, network-affiliated television stations, AM and FM radio stations, and low-power television stations.
His experience also includes the valuation of communications towers and related infrastructure for estate planning, taxation, financing, acquisitions, litigation, bankruptcy, and partnership matters. Assignments have included both single-site facilities and multi-site communications infrastructure portfolios.
He also has operational experience in broadcast station engineering, programming, and sales, providing practical insight into the economic and technical factors that influence station value.
He has served as an FCC license trustee and has been recognized as an engineer by the Federal Communications Commission.
Estate Appraisal Experience
A significant portion of Mr. Schutz’s practice involves estate and tax-related appraisals of communications assets, including radio stations, television stations, communications towers, FCC licenses, and related communications businesses.
These assignments support estate attorneys, trustees, executors, and accountants in need of independent, well-supported opinions of fair market value for estate administration and tax reporting purposes.
Assignments frequently involve retrospective valuation analysis and review of historical market conditions.
Expert Witness and Litigation Support Experience
Mr. Schutz provides litigation support and expert witness services in state and federal courts involving business valuation, economic damages, lost profits, communications tower matters, broadcast disputes, partnership disagreements, bankruptcy proceedings, and related communications industry matters.
He has served as both consulting and testifying expert, including deposition and trial testimony, and has prepared expert reports involving valuation and damages analysis.
He has testified before the United States Congress on communications industry and broadcast regulatory matters.
He also provided expert analysis in litigation that contributed to a landmark United States Supreme Court decision involving must-carry and retransmission consent provisions applicable to cable and satellite systems.
Professional Recognition and Industry Experience
Mr. Schutz has been cited by broadcast industry publications and media organizations regarding communications asset values, broadcast station transactions, and industry trends.
He has served for more than ten years on the board of directors of a multi-station television broadcasting company representing a major institutional investor.
His responsibilities included operational review, acquisitions analysis, strategic planning, governance matters, and evaluation of strategic alternatives, including sale analysis.
He has worked extensively with station owners, attorneys, lenders, investors, trustees, bankruptcy professionals, accountants, and courts on communications valuation matters.
Education
- Master of Business Administration (MBA), Finance – American University, Washington, D.C.
- Taggart Fellow, Marketing – New York University Stern School of Business
- Bachelor of Science, Radio and Television – Ithaca College
Professional Standards
Each assignment is evaluated to determine whether available facts and assumptions support a reliable, independent professional opinion.
Mr. Schutz maintains an independent valuation practice focused on communications assets and related financial analysis in estate, litigation, financing, and transactional contexts.
Contact
Speak Directly with David Schutz
(206) 201-3822
Mr. Schutz’s complete Curriculum Vitae is available for viewing and printing, here (.pdf)