Media Finance Focus 2016
"An Avalanche of Knowledge, Networking & New Ideas"
May 23-25, 2016
Sheraton Denver Downtown
Under 35 and looking to get to know other media industry financial professionals in your peer group or for professional advice? Keep your eyes open for information about the YP Lounge in the Exhibit Hall. We are planning a number of different events, fun and educational, intended to help you achieve your goals.
Contact Amy Schutz (Amy.Schutz@mediafinance.org) for details.
MFM Regional Seminar in NYC
Details Coming Soon ...
September 14, 2016
BCCA Media Credit Seminar
at Lowenstein Sandler LLP Office NYC
October 20, 2016
Who Will Protect The Protectors?
Stations are at risk every day — from natural disasters to cyber attacks. Here are valuable tips on how you should prepare to ensure you remain on the air when your viewers need you the most.
By Mary Collins
May 13, 2016
Flooding and tornados across the Southeast … wildfires burning in Alberta … earthquake warnings for the southern portion of the San Andreas fault — there are emergency or potential emergency situations all around us. Global climate changes are only making them worse.
TV stations are a crucial component in our nation’s Emergency Alert System. But, to appropriate the words of the Roman poet Juvenal, “Who will protect the protectors?” [full article]
Advertiser Bankruptcies: Don't Get Stuck
How can companies avoid being left holding an empty bag when an advertiser or agency files for bankruptcy? The best defense is a good offense: identify organizations potentially in financial trouble and take the necessary precautions to reduce the risk of a huge write-off.
By Mary Collins
April 1, 2016
My recent columns about bad debt and the role of DSO (days sales outstanding) in forecasting ad revenue wouldn’t be complete without addressing one of the greatest challenges to collecting outstanding ad revenue: a customer that files for bankruptcy.[full article]
How Bad-Debt Policies Affect Ad Revenue
The decision between treating an unpaid advertising account as past due or bad debt will also impact reported year-end income … and employee bonuses. However, someone, most likely an auditor, will notice a pattern of bad estimates. So, it’s best to be prepared for the questions before external auditors make their annual visit to your office.
By Mary Collins
March 4, 2016
I once had a boss who manipulated year-end net income by forbidding any discretionary spending until he had a good sense of whether the year’s revenue would be as good as, or better than, budget. Then, sometime after September, when he was comfortable we were going to make our number (and he’d be getting his bonus), we’d stock up on copy paper, pens, coffee, paper towels, and other essential office supplies. Someone at corporate finally got wise to the unusual spending pattern and a change in management followed. [full article]
TVN Offering Free Political Ad Handbook
The new publication, Political Advertising: A Guide for the TV Sales Executive, is available free from TVNewsCheck and the law firm of Garvey Shubert Barer. "The booklet is designed to help sales execs to deal with political buyers and stay out of hot water with the regulators," says Harry A. Jessell, editor of TVNewsCheck.
With political TV advertising expected to break records this year, TVNewsCheck, in association with the law firm of Garvey Shubert Barer, is publishing Political Advertising: A Guide for the TV Sales Executive.
TVNewsCheck is offering the 66-page handbook free of charge. It can be downloaded as a PDF here.