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. Both efforts build on CPR’s organizational vision to be a statewide news and information resource for the entire Colorado community. The geography of...
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Public Media Company represented RIPR throughout its negotiations with U Mass Dartmouth, and also prepared the financial analysis for the transaction. Congrats to both! “Rhode Island Public Radio will expand its reach within the state and into southeastern Massachusetts with the acquisition of a signal from the University of Massachusetts at Dartmouth. RIPR now broadcasts on three frequencies in its state. The purchase of...
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CHICAGO-Chicago Public Media and WKCC, Kankakee Community College’s public radio station, are excited to announce a sales agreement and transfer of ownership for the WKCC 91.1 FM broadcast license. The sale comes more than five months after WKCC announced that due to budget constraints it would cease operations in December. This fall, Chicago Public Media bid on, and won the license to operate WKCC....
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PMC recently led the KUSP board, staff and community members in a series of discussions about the feasibility of its current format, and recommended a format change to an independent music “music discovery” format. An on-air fund drive conducted in October 2015 to support the format change raised more than $82,000, exceeding the goal....
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“Throughout the merger process, we have been honored by the support of our communities in creating a joint organization that can dramatically increase the level of public media service to South Florida,” said WPBT2 President/CEO Dolores Sukhdeo, who will serve as CEO of South Florida PBS. “As the largest public media company in South Florida, we will be using all media platforms to achieve...
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Centenary College of Hackettstown, New Jersey and Philadelphia public radio station WXPN 88.5, owned by the University of Pennsylvania, jointly announced a sales agreement and transfer of ownership for the broadcasting license of WNTI 91.9 FM, the public radio station owned by Centenary College, to WXPN. WXPN's award-winning music programming will be broadcast on WNTI starting at noon ET on Thursday, October 15, 2015....
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Even before the FCC raised $45 billion in the recent wireless Spectrum Auction, Public Broadcasting was in agreement – the upcoming television FCC Spectrum Auction will change the world of Public Television as we know it. Public Media Company (PMC) sees the Auction as, potentially, the most significant opportunity to positively transform the public television system since its inception. We also recognize that, if...
Read More...Santa Barbara Foundation is selling KDB 93.7 FM to KCRW, a leading National Public Radio affiliate. KCRW will then swap KDB for KUSC’s 88.7 signal. KUSC will continue the great tradition of classical music on 93.7, while KCRW will be able to offer its hybrid format of music genres, news and cultural programming to the Santa Barbara community. Through a local strategic partnership with...
Read More...When the Santa Barbara Foundation decided to find a new operator for their classical station KDB 93.7 FM, they turned to Public Radio Capital (PRC) for guidance. PRC is currently assisting the Foundation in selecting an operator who will preserve the classical music format and has the financial capability and business experience to run the station. In “Four competitors in the running to take...
Read More...When Delaware First Media, an online news service, decided to launch their first radio station they turned to the Public Radio Fund for start-up assistance in funding equipment and staffing needs. With a $105,000 acquisition loan from the Fund, Delaware First Media launched WDDE, broadcasting NPR and local news service to a coverage area of 100,000 people in Delaware. Focusing on high-quality journalism for...
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