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.
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.
“The FCC’s incentive auction may not have resulted in the jackpot payday that some television broadcasters hoped for, but public broadcasters could still benefit financially through channel-sharing deals.”
CPR was represented in the following transaction by Public Media Company: Colorado Public Radio (CPR) today announced plans to broaden the geographic makeup of its newsroom and expand the broadcast reach of its news service (CPR News) along the Front Range.
Public Media Company represented RIPR throughout its negotiations with U Mass Dartmouth, and also prepared the financial analysis for the transaction. Congrats to both!
The first stage of the FCC reverse auction of television spectrum concluded as many analysts had predicted: Sellers’ opening bid prices were more than $60 billion higher than what the forward auction buyers were willing to pay. We believe it’s unlikely that the second stage of the auction will succeed at matching sellers’ prices to […]
Public Media Company hosted the first of three informational meetings for senior station executives to learn more about the upcoming ATSC 3.0 broadcast standard. The upcoming transition to a new digital television standard will require a cultural shift within public television, station executives heard during a meeting examining opportunities and challenges of the new technology. […]