The BIA Capital blog, Capital Markets, will give insight to the current financial markets for the media/communications industries, especially as it relates to the state of the transaction market, as well as the equity-raising and debt-raising markets.

Within our investment banking division, comprised of Chuck Wiebe, Gregg Johnson, Mike Andres and myself, we are in constant contact with the management teams, private equity investors and subordinated and senior debt lenders. Our Capital Markets blog provides us the perfect forum to deliver updates about the changing dynamics affecting these players and the current state of the financing markets.

Topics we intend to cover include availability of private equity for the media/communications industries, senior/subordinated debt lending availability/multiples, transaction multiples, analysis of key transactions and other financial topics.

Our first posting from Mike Andres discusses the most asked question we get at BIA Capital Strategies: When will the deal market start to return to normalcy and what will it take for media/communications tranasactions to begin heating up again?

Mike Andres, Managing Director of BIA Capital, addresses these questions in his first post, entitled: Return to Debt Liquidity Coming for Media Communications.

To read the entire blog post please visit: http://blog.biacapital.com/financial/2009/02/return-debt-liquidity-coming-for-media-communications/

On behalf of all of us at Capital Strategies, we hope you find this information useful and certainly encourage you to send any comments/suggestions on how we can make this blog a better resource for you and your business.