The Value of Audiovisual Firms [chapter]

Mario La Torre
2014 The Economics of the Audiovisual Industry  
Assessments of audiovisual firms are complicated by the specificity of the industry; the value of an audiovisual firm is related to the commercial exploitation of the audiovisual products for which the company holds the relevant rights. Traditional assessment methods, therefore, should be properly adapted to the specific nature of the business. The methodologies for evaluating audiovisual firms focus on the assessment of their exploitation rights, and their estimated values coincide with the
more » ... oincide with the value of their libraries of exploitation rights. This chapter proposes an evaluation model specifically dedicated to audiovisual firms, based on "cash flow method". The chapter highlights also some criticalities of the flow-based method and suggests some corrections to be applied to the standard methodology.
doi:10.1057/9781137378477_6 fatcat:nqfcuyct75fgxpnf5sv5ypun2u