The formula to calculate the Publicity Value (PV) is:
\[ \text{PV} = \text{AEV} \times \text{M} \]
Where:
Let's say the ad equivalent value (AEV) is $1000 and the multiplier (M) is 3. Using the formula:
\[ \text{PV} = 1000 \times 3 = 3000 \, \text{\$} \]
So, the publicity value is $3000.