Local Affiliates Used to Receive Compensation for Airing Network Programs

question 6

Multiple Choice

Local affiliates used to receive compensation for airing network programs in their markets,but that has changed due to the loss of network audience and

• A) the rise in syndication.
• B) video-on-demand.
• C) the lack of network programs.
• D) the rise of cable.

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Definitions:

New Equity

Funds raised by a company through the issuance of shares to the public or to specific investors.

New Assets

Items of value that are acquired or added to a company's or individual's holdings, which have the potential to generate income or increase net worth.

Enterprise Multiple

A valuation metric that compares a company's enterprise value to its earnings before interest, taxes, depreciation, and amortization (EBITDA).

Enterprise Value

A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization.