Radio Advertising Lawsuit
David shares the story of his acquisition of DMark, a radio advertising business that turned into a nasty lawsuit with the founders. Despite the brilliant idea of buying remnant inventory and making money on it, the founders tried to sell the business to Google for $100 million, which ended up being a $50,000,000.75 deal with a $50 million milestone payment and up to $1.2 billion in earn outs based on advertising revenue generated from all the stations.In this clip
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