7:30 a.m.

• Registration and Continental Breakfast

9:00 a.m.

• Keynote Presentation
• Speaker to be announced

9:30 a.m.

The Future of TV Stations & Broadcasting in a
Multi-Screen World

• How are TV stations helped or hurt by the move to a multi-screen, on-demand world?
• How are TV stations going to participate in the mobile revolution?
• What’s ahead for TV station revenues after such a successful 2010?
• How high can retransmission revenues climb and how have distributors changed their negotiating tactics?
• Will the uptick in TV station deals continue and what are they worth?
• After TV station web site revenue rose 14% in 2010, how do station plan to monetize their web sites in 2011?
• Which ad categories will drive the business forward?

10:45 a.m.

• Refreshment Break

11:15 a.m.

Broadcast Finance: The Start of a New Cycle?

• Did 2010 restore investors’ and capital sources’ belief in broadcasting?
• How close are we to capital loosening again…or is this the new normal?
• If the cycle of recaps and bankruptcies for broadcasters is almost over where does that leave us?
• What is the near- and mid-term availability of capital? Will there be broadcast IPOs in 2011?
• How has bank and high-yield finance changed in terms of leverage, pricing, terms and deal size?
• What’s the future shape of the deal market?
• How will broadcasters fare in the public markets and which public stocks are likely to survive?
• Future revenue and cash flow trends
• Broadcasters’ greatest threats and opportunities
• How new technologies will hurt or help

12:30 p.m.

• Luncheon with Guest Speaker

Speaker to be announced

2:00 p.m.

Afternoon Presentation
Speaker to be announced

2:30 p.m.

The Outlook for Radio Station Revenues and Valuations

• Has revenue growth in 2010 improved the radio business investment profile?
• What is the outlook for revenue growth in 2011 and forward?
• How are radio stations competing on a local level and how has that changed?
• Is bankruptcy a good or bad thing for the industry? How many more are to come?
• How much are station buyers paying above stick value and what makes a difference?
• What are current multiples, values and lending ratios for radio stations?
• Is there any middle-market financing available?
• What’s the best way to resurrect radio values and trading multiples in the public market?

3:45 p.m.

• Refreshment Break

4:00 p.m.

Innovative (and Thriving) Business Models in TV and Radio

• What are some new approaches to TV station and radio station traditional delivery of content?

• How many users have these businesses attracted and what is the business model?
• What is the revenue and cash flow potential?
• How is mobile incorporated?
• Internet strategies, benchmarks and business models for stations
• How broadcasters can deliver better accountability to advertisers

5:00 p.m.

• Networking Cocktail Reception