how do you value a television license in a market that is contracting? A license is only really worth what the third party is willing to pay for it.....$600m is the intangible value TEN have put against their license right on their financial statements? if the free to air market is truly seen its best days then maybe the market isn't big enough for 3 commercial operators? Time will tell!
how do you value a television license in a market that is...
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