Monday, May 9, 2011

A Middle Eastern Production

GoIndustry DoveBid were commissioned to produce a valuation of a major Middle East based production studio and television channel on the basis of Fair Market Value – Installed to enable to the client to assess an offer to purchase the company assets.

The facility included multiple television studios, offices, outside broadcast and satellite vehicles.  The assets were all current technology and from tier 1 manufacturers, and included cameras & lenses; lighting; video & audio editing and post production; graphics; ingest and playout; routing, switching and distribution; transmission; archiving; outside broadcast.

Although there is a ready market in the Middle East, there is limited evidence of sales of similar facilities on the open market - the cost approach was therefore used to value the facility, with adjustments for changes in the costs of the assets and removal of any costs irrelevant to the value (e.g. training, expired software licenses and support contracts).

The valuation was completed on time and to the satisfaction of the client – we were also able to complete additional work requested by the client at short notice in order to facilitate the sales process.

For further information on the services offered by GoIndustry DoveBid