About Us

Darnell Washington

Darnell Washington

President-CEO View profile
Douglass Holloway

Douglass Holloway

Chief Operating Officer View profile

 

Linda Scutari

Linda Scutari

Sr Vice President, Sales & Development View profile
Erwin G. Krasnow

Erwin G. Krasnow

Owner Garvey Shubert & Barer Law Offices View profile

 

Darnell Washington formed New Moon Communications with the goal of building a group of 5-10 television stations that would perform at premium profit margins of 25 – 30% over the next five to ten years.

 

Today there are positive signs for investment and New Moon Communications, LLC will purchase existing television stations in geographically diverse markets. Being located in geographically diverse markets gives a broadcast company an opportunity to lean on diverse and regional industry improvements. While one regional market may be positive another market may be negative giving the company an opportunity to perform throughout the entire year of operations. Mr. Washington considers it to be a “safety net” for revenue development.

 

It is the belief of New Moon that now is the perfect time to develop a small television broadcasting company, since the acquisition multiples are at an all time low. The FCC digital transmission requirements of 2009 have depleted most of the profit margins, many operators are having trouble converting their new digital spectrums into monetized positions and there is a new regime of operators coming into the business. There are also larger broadcasters looking to restructure their groups and consolidate expenses or sale at a minimum profit.

 

Purchasing a station in today’s broadcasting climate will prove to be an extremely profitable investment if the operation of digital television is embraced. One of the most positive results of the television industry going into digital transmission was the fact that one station has now developed into a three station spectrum and there is more quality programming to sell for more revenue. Remember that “television holds the most time spent” during daily activities. By raising adequate capital to cover the future needs of the digital television stations that are now in operation, or will be in operation, New Moon will be an immediate force to deal with in the near future.

 

New Moon’s Acquisition Team has several acquisition opportunities that will prove to be good return on investments. The company has decided to keep the acquired stations for long-term investment. But the idea is to start with the first round of acquisitions, and give a return on investment within the first 5-7 years.

 

Mission Statement

To involve local TV stations as a trusted and respected partner in the community with entertaining programming and pertinent information.

 

We are committed to delivering new and innovative solutions that anticipate viewer's choices, their changing needs and a return on our investment.

 

We are committed to

Digital enhancement of media properties! Internet advancement of television stations! Involvement in local communities! Taking Broadcast TV into the future!