Radio Station Valuation and Appraisal


Experience is the vital qualification for the appraisal and valuation of radio stations. David Schutz is a nationally known appraiser and valuation expert in the broadcast industry. He has valued more than 4,000 radio stations during the past 40 years. These have been used for determination of the enterprise's Fair Market Value, and for Asset Allocation purposes. The combined values of the stations exceed $20 Billion. His knowledge of station values is routinely used by large and small banks, investors, station owners, and buyers. He is an approved appraiser by the SBA, FDIC, and the Comptroller of the Currency. HSMC is also experienced in bankruptcies, foreclosure, and forbearance agreements involving radio stations, and associated industries.

HSMC also provides specialized valuation and economic studies involving intangible assets, purchase price asset allocations, leases, employment contracts, and "impairment" opinions relating to FASB requirements. Mr. Schutz also has significant experience tabulating the economic damages associated with business interruptions.

Every station is unique, and in today’s uncertain business environment, there is no substitute for experience.

Overview of the radio station valuation process

Call: 1-206-201-3822