How a Media & Communications Business Hired a Lawyer to Review a Business Purchase (all docs) in Arizona

In 2023, a business operating in the media and communications sector in Arizona sought assistance with various aspects of a business purchase that involved a radio station. The client aimed to create and update the online presence of the station, review and restructure content agreements, add HD capabilities, and address the splitting of AM/FM signals. A significant concern was ensuring due diligence on content and sales contracts to validate revenue streams, especially given that the purchase would be seller-financed. As a result, the client received seven proposals from licensed lawyers, with flat fee bids ranging from $499 to $7,500, all submitted to meet the client’s requested deadline of over a week.