(Reprinted from TVTechnology.com) Last week, the Public Media Company, a non-profit consulting company focused on fostering the growth of public media, announced the kickoff of the Public Media Venture Group.ast week, the Public Media Company, a non-profit consulting company focused on fostering the growth of public media, announced the kickoff of the Public Media Venture […]
California’s KCSN and KSBR partner to grow audience
Public Media Company announces the launch of the Public Media Venture Group, a coalition of public media television stations serving over 150 million Americans. Public Media Venture Group member stations are committed to working together and investing collaboratively in “Next Generation TV” for the benefit of the American people. Public Media Company will help Public […]
KCPW has reached an agreement that significantly improves its long-term outlook. The deal restructures the 2008 loan used to purchase the station, and eliminates more than $1.7 million of long-term debt.
Lauren Colucci, KCPW’s General Manager, credits Marc Hand, CEO and Co-Founder of Public Media Company, and the rest of his team for guidance that helped bring about this favorable result. Public Media Company works on sustainability for public broadcasters and has been involved with KCPW for nearly a decade.
If it wasn’t for the initiative and the foresight of Marc Hand and Susan Harmon, co-founders of Public Media Company, dozens of listener-supported public radio and viewer-supported television stations would no longer exist.
Worried about paying for auction-related equipment costs, ATSC 3.0 upgrades or general equipment needs?
Public Media Company has secured over $20 million from a combination of non-profit and traditional bank lenders to assist public television stations with equipment financing needs through an affordable loan program. Additionally, there might be other lenders interested in providing financing solutions to public TV stations on a case-by-case basis.
Public Media Company submitted comments to the FCC, in response to the Notice of Proposed Rulemaking issued on February 24, 2017 to authorize television broadcasters to use the ‘Next Generation’ broadcast television transmission standard (ATSC 3.0).
By PMC CEO Marc Hand, writing in Current: “Despite eye-popping windfalls for some stations, the FCC broadcast spectrum auction was a disappointment for public media. Here’s why: Prior to the start of the auction, the prevailing wisdom was that the forward auction would generate anywhere between $30 billion and $60 billion in gross proceeds…”
The new ATSC 3.0 broadcast standard won’t wash your car, fold your laundry or provide tomorrow’s winning lottery numbers. Beyond that, though, broadcasters attending PBS TechCon are being promised a wide array of benefits from the next-generation digital TV system that’s a focus of this year’s convention.
As we transition from the FCC spectrum auction and the FCC auction quiet period, public television stations may face unique and interesting post-auction opportunities that could allow them to improve their service, generate additional revenue, or both.