It’s always great to chat with a media broker about the deal-making environment for radio and TV. From our vantage point it’s … um … pretty terrible. A Class A in New York just got sold for $51 million less than it was purchased for. There’s a squabble in Orlando between a $6 million valuation for a FM that covers the metro and a $10 million asking price for it.

What is Bob Heymann's assessment of where FM station valuations are, and is that seriously harming the marketplace for a longer period than some may have anticipated? That's just one question he responds to in the latest RBR+TVBR InFOCUS Podcast, presented by dot.FM.