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Kevin Kamen assists FORBES with valuing media tycoons for the World’s Billionaires List – The Richest in 2026

Mar 17, 2026

UNIONDALE, New York — Kevin Kamen, founder and CEO of Kamen & Co Group Services LLC — a boutique multi-media appraisal, brokerage and accounting firm in business 47 years, based in Uniondale, Long Island, New York — has been acknowledged in the March 2026 issue of Forbes for his valuable contributions in assisting its wealth reporters with financially valuing several media tycoons for the annual 2026 World’s Billionaires Listing.

For the past 13 years, Kamen has also assisted Forbes with financially valuing media billionaires for its popular Forbes 400 Richest Americans Listing. That list, published every October, highlights American citizens who own assets in the U.S., ranked by net worth.

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Brokers report newspaper sales in 11 states

DEMOPOLIS, Alabama — On April 30, 2025, Boone Newsmedia Inc. sold the Demopolis Times, the Andalusia Star-News, the Brewton Standard, and the Atmore Advance to Jeff and Michelle Schumacher. Cribb & Associates represented Boone Newsmedia Inc. in the transaction.

Succession planning matters

I never grew up wanting to be a journalist, and owning a newspaper never once crossed my mind. Yet here I am with a degree in journalism, a deep passion for this work and now a proud partial owner of my hometown newspaper.

Calculating your purchase price

From the seller’s view, the value of their publication(s) is usually not as high as they would like. Now, the industry uses a lower percentage of revenue or a lower multiple of cash flow. Sometimes these multiples can be as low as 25% of revenue or two times the cash flow.