Family ownership of a media company — or any other kind of company — can be a beautiful thing. But it has its own unique challenges and solutions.

Running or working for a media company presents plenty of challenges these days, as anyone in the business knows. But owning a media company adds even more issues, choices and decisions.

These can be immensely troubling and difficult, whether you’re a sole owner or a member of an owning family. If not handled well, these problems can compound the ordinary challenges.

They may even prove fatal to the business.

What kinds of issues? Here are just a few examples: Read the rest of this entry →