Thanks for sharing. Any updated takeaways now that we're 12 years into the future? Would love to hear what you learned and anything you would do differently (particularly on the process, since we can't know the future).
Thank you for subscribing! Here's a preview of "lessons learned" 10yrs later...1) Winning Ira Sohn w/ Tribune taught me the best media CEO's know when to sell out - either to a strategic or private equity. 2) M&A provided a quiet floor to media valuations, don't assume sector can't go lower as there are fewer "buyers" in 2025, 3) Chasing "Digital" wasted cash and investors won't "give you credit" of higher multiple for having Digital segment. 4)YouTube biggest competitor to EVERYONE in media...Tune in for more!
Thanks for sharing. Any updated takeaways now that we're 12 years into the future? Would love to hear what you learned and anything you would do differently (particularly on the process, since we can't know the future).
Thank you for subscribing! Here's a preview of "lessons learned" 10yrs later...1) Winning Ira Sohn w/ Tribune taught me the best media CEO's know when to sell out - either to a strategic or private equity. 2) M&A provided a quiet floor to media valuations, don't assume sector can't go lower as there are fewer "buyers" in 2025, 3) Chasing "Digital" wasted cash and investors won't "give you credit" of higher multiple for having Digital segment. 4)YouTube biggest competitor to EVERYONE in media...Tune in for more!