Buyers and Sellers of newspapers, magazines, shoppers, directories,
listings and database organizations depend on valuations from
Kamen & Co. Group Services for a variety of reasons. These
include assessing the value of a property as part of a decision
to acquire, divest, or refinance. Our clients have included
print and digital media company owners and investors, private
equity firms, lenders, accounting firms and legal advisors.
Kamen & Co. valuations are respected by industry insiders
and take into account not only the financial state of the
company, but also an assessment of the market or markets a
company serves, including market dynamics, competition, positioning
and financial results and forecasts. It is based on a complete
review of possible ways that the market may currently value
a property.
Kamen & Co. offers a Strategic Assessment that takes
the valuation a step further. We identify specific value drivers,
red flags and recommend actions and strategies that will enhance
the company's value in the market. We have the knowledge,
expertise and experience, as former publishing executives,
to make a significant difference for you. We quantify the
potential impact of each action point on the future valuation
of the company. Please call either of our offices for a confidential
initial consultation. Helping publishers is our business!
At Kamen & Co. Group Services, We Perform Print &
Digital Media Valuations for a Variety of Purposes:
ESTATE and GIFTING:
To minimize or eliminate problems with the Internal Revenue
Service.
BUY-SELL TRANSACTIONS:
Used for buying or selling a print & digital media company.
Also beneficial in establishing value for partial ownership
interest.
MARITAL, PARTNERSHIP & CORPORATE DISSOLUTIONS:
It is often necessary to perform an independent print &
digital media appraisal to determine "Fair Market Value"
of an enterprise so the equitable parties can divide the assets
and intangibles for settlement of their particular dispute.
BANK FINANCING & SBA LOANS:
It's not uncommon in today's publishing climate to secure
favorable rates and loan terms. Loans are dependent upon the
value of an on going enterprises assets and sometimes intangibles.
An independent print & digital media appraisal is required
on certain SBA loan packages and could influence the rates
and terms of the loan.
BUY-SELL AGREEMENTS:
A value is established to avoid future problems for stockholders
and partnership buyouts. This valuation process can greatly
simplify negotiation during the term of the agreement.
CONTRIBUTIONS:
Transactions over a certain dollar limit require IRS form
8283 to be signed by the appraiser when making a contribution.
SUCCESSION PLANNING:
This is used when you wish to keep the business in the family
but require distribution of shares to family members with
an attached "Fair Market Value" for each share of
the publications stock.
EMPLOYEE STOCK OPTION PLANS (ESOP's):
These plans must be independently appraised to establish fair
market value for purchase price and or contributions.
FAIRNESS OPINIONS:
The fairness opinion is a black/white finding, stating either
the deal or transaction as presented seems fair and justified.
Important items include basic due diligence, analysis of risk
factors, deal structure or potential conflicts.
INTANGIBLE ASSETS (Intellectual Property):
For economic analysis and valuation purposes, it is often
necessary to distinguish between tangible and intangible assets,
as well as between real estate and personal property assets.
These distinctions are important for a variety of accounting,
legal, financial and taxation reasons.
KAMEN & CO. GROUP SERVICES PROVIDES INDEPENDENT
WORLDWIDE PRINT & DIGITAL MEDIA APPRAISALS. OUR REPORTS
AVERAGE 25 CUSTOMIZED PAGES.
Many publishing companies have intangible assets and no list
could ever be complete because intangibles can be unique to
a specific title. But some are fairly common and can be found
in many print & digital media companies. These include:
Proprietary lists. Proprietary lists can
include customer or client lists, mailing lists, whether they
are made up of customers or prospects. Lists can be especially
valuable to a newspaper or magazine if the relationships they
represent are ongoing. Consider, for example, a magazine's
list of advertisers. The magazine may get 75 percent of its
advertising revenue from the companies on that list, making
it critical to the magazine's future profitability.
Beneficial contracts. Long-term contracts
can add value to a publishing company. For instance, a newspaper
or magazine may have a contract that allows it to sell advertising
or inserts for a higher-than-normal markup. Publishers have
all types of deals they make with clients and some are worth
a great deal of money when valuation comes into play.
Patents. The worth of patents depends on
the strength of the patent claim (which can be difficult to
determine if the patent hasn't withstood litigation) and the
patent's economic and legal life.
Copyrights. Copyrights are a little trickier
to value than patents because, while they may have a long
legal life, their practical value may be for a shorter time
period. The value of a copyright also depends on the author's
previous success.
Trademarks and Brand Names. A brand name
or trademark has value if it lets a publishing company sell
its advertising for a higher price than its competition. The
name and reputation of a specific title is worth something.
Subscription & Distribution Service Contracts.
Subscriptions are especially important for newspapers, magazines
and digital media companies, because they derive most of their
revenue from these sources. The longer both subscriptions
and service contracts have been in effect, the more they are
worth.
Franchise agreements. Franchises in the
publishing arena with long track records and well-recognized
names have significantly greater value than newer, less unknown
franchises.
Software. Many publishing companies have
developed proprietary software that is specific to their businesses.
If this software provides efficiencies and benefits that the
business wouldn't otherwise enjoy without this software, this
also may add value.
Goodwill. Goodwill means many things to
many people, but generally it refers to intangibles such as
reputation and location that leads to repeat business. The
term "goodwill" also hasbeen defined as the amount
over and above the fair market value of the assets in a going
publication.
WHY VALUE INTANGIBLES?
Intangible assets may need to be valued for a
variety of reasons, including determining a fair license rate,
calculating an amortization deduction, quantifying a charitable
deduction, calculating an inter-company transfer price or
estimating damages in an infringement case.
Valuing intangible assets can be an important
part of determining the value of a publication for marital
dissolutions, gift tax determination, estate planning, shareholder
rights cases, conversion from C corporation to S corporation
status or sale of a print & digital media company. There
are additional specific intangible assets to every title and
a experienced professional print & digital media appraisal
firm like Kamen & Co. Group Services can help you identify
those value drivers in your business or business interest.
We would be pleased to answer any questions you may have about
the valuation of your newspaper, shopper, magazine, directory
or digital title. Please call either of our offices in New
York (516) 379-2797 or in Tampa (727) 786-5930. We would be
delighted to assist you!
YOU SHOULD HAVE THE HIGHEST LEVEL
OF TRUST IN YOUR PRINT AND DIGITAL MEDIA APPRAISAL FIRM!
Integrity matters. Some media appraisers
and brokers claim to have it. Few have established as strong
a reputation for delivering what they promise as KAMEN &
COMPANY GROUP SERVICES. Time and again, our clients cite integrity
and performance as among the most important reasons they come
to us - and come to rely on us as trusted appraisers integral
to achieving their ongoing business goals.
KAMEN & CO. GROUP SERVICES - PUBLISHERS TRUST
US!
Construction Guide Magazine sold to COLE Publishing
Tuesday, January 15, 2008
Baldwin, NY - Construction Guide Magazine, a twice per month
niche magazine that is headquartered in Minnesota and distributed
via mail to contractors and landscapers in seven states in the
Upper Midwest has been sold to COLE Publishing of Three Lakes,
Wisconsin, publisher of five highly respected trade publications.
The deal was brokered by Kevin Kamen, President/CEO of the
New York based print & digital media appraisal and brokerage
firm Kamen & Co Group Services (WWW.KAMENGROUP.COM). Terms
of the sale were not disclosed.
Kamen & Co. Group Services To Spearhead Multi-Part
Publishing/Dm Survey
Monday, November 26, 2007
Baldwin,NY- Kamen & Co. Group Services (WWW.KAMENGROUP.COM)
will embark on a multi-part publishing leadership survey in
early 2008 involving over 500 Newspaper, Magazine, Shopper,
Directory, Direct, Interactive and Database Marketers in the
United States, Canada, Europe and throughout Latin & South
America. Leaders who serve as Chairman, President, Publisher,
General Manager or Director of Human Resources will be selected
and invited to participate. Kamen & Co, a leading print
& digital media valuation and brokerage firm that services
clients from across the globe, hopes to discover the greatest
challenges facing the print-media and direct interactive database
industry collectively and plans to sponsor an e-based publishing
platform in the near future that will address these issues
and assist all publishing and direct mail executives. In making
this announcement, Kevin B. Kamen, Chairman & CEO of Kamen
& Co, based in New York, said, "We hope to use our
latest technology and in-house resources to extend and reach
out to this leadership group. Our media valuation team will
then target and assist our primary network of clients with
content that builds publishing infrastructures and enhances
leading online and offline local, national and international
search business."
Kamen & Co. Group Services To
Develop e-learning Valuation Media Platforms - afcp's Newsletter
- Monday, September 03, 2007
Baldwin, NY - Kamen & Co. Group Services, a leading provider
of print & digital media valuations to US, Canadian, European,
Latin and South American publishing companies, announced today
that they will begin to establish an e-learning Valuation
Platform that will become an educational tool for all business
and management departments at publishing entities which will
assist in guiding and monitoring the fiscal status of the
media organization. This system will distinguish the major
departments at publishing companies and will provide powerful
capabilities that enable publishing organizations to develop
and manage content and assess expenditures on a quarterly
basis.
Kevin B. Kamen, President/CEO of Kamen & Co. stated, "We
are constantly hearing from publishing executives and their
ownership groups that they require our firm to assist them
structurally with fiscal concepts and long-plan impact studies.The
availability of this e-learning platform that we have created
internally will assist all our clients on a global basis and
enable them to keep engaged with our professional staff online.
This program, the first of its kind in the media industry,
will help extend valuation capabilities and will foster a
deeper connection between our firm and all clientele."
Kamen & Co. expands to Latin and South America -
The Independent Publisher - August 2007
It was announced today that Kamen & Co. Group Services,
the leading print & digital media valuation firm in the
United States, who already services Canadian and European publishing
companies, will begin providing financial media valuations and
business plans to the Latin and South American publishing community.
"We're proud to be able to help these publishers and their
ownership groups with financial appraisals of their media institutions
and we're delighted that we've been requested to assist them"
stated Kevin B. Kamen, President and CEO of New York based Kamen
& Co.
Kamen & Co. Group Services financially values magazines,
newspapers, shoppers, websites, directories, listing companies,
catalogs, direct mail, b2b direct and fulfillment organizations.
BtoB Daily News Alert
Kamen & Co. expands services to include online and offline
channels
Tuesday, August 29, 2006
Baldwin, N.Y.—Kamen & Co. Group Services, a print
media appraisal and brokerage company, announced it has expanded
its international and domestic media valuation services to
include online channels. Kevin B. Kamen, president-CEO, said
the move reflects changes in media consumption and his company's
intent to adapt to those changing needs on behalf of clients.
Kamen & Co. negotiates sale of
sports directory
Friday, August 19, 2005
BALDWIN, NY- Skater's Edge Sourcebook, the world famous 550-page
ice skating directory that focuses on ice rinks, hockey skates,
boots & blades, videos, books, apparel, construction companies,
suppliers and manufacturers has been sold to Covey Communications
of Gulf Shores, Alabama.
Covey Communications currently publishes Convention South,
Sports Events and Condo Owner Magazines. Alice Berman, the
founder and publisher of Skater's Edge Sourcebook, has been
retained by Covey Communications to assist with the expansion
and further development of the title.
Kevin Kamen, owner of Kamen & Co. Group Services (www.kamengroup.com)
a print & digital media appraisal and brokerage firm headquartered
on Long Island, represented The Ice Skating Resource Guide
of Kensington, Maryland. Terms of the sale were not disclosed.
Appraisals - Custom Brokering - Expert Valuation Witness -
Formal Business Plans
Operating Analysis - Feasibility Studies - Staff Training
- Restructuring
Labor Negotiations
