Broadcasting policy

When a broadcasting undertaking changes hands, generally the agreed- upon price is in excess of the depreciated value of the physical assets of the business. This is not peculiar to the broadcasting industry; in any situation where a profitable business exchanges hands, there is a considerable amoun...

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Bibliographic Details
Published inGlobe and mail
Main Author Steele, G G E
Format Newspaper Article
LanguageEnglish
Published Toronto, Ont The Globe and Mail 26.01.1981
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Ottawa ONT
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Summary:When a broadcasting undertaking changes hands, generally the agreed- upon price is in excess of the depreciated value of the physical assets of the business. This is not peculiar to the broadcasting industry; in any situation where a profitable business exchanges hands, there is a considerable amount expected to be included in the price to compensate the seller for the fact that he is disposing of a "going concern".
ISSN:0319-0714