Pacifica Announces Settlement with Empire State Building and Empire State Realty Trust

The Pacifica Foundation announced today the settlement on a series of agreements that releases WBAI, the organization’s New York radio station, from a court judgement as well as the last two years of its lease at the Empire State Building as of May 31st, 2018. The Foundation is also in the final stages of completing an agreement to relocate its transmission facility to a new

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Colorado Public Radio Expands Broadcast Reach and Geographic Makeup of CPR News

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 the

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Rhode Island Public Radio to Acquire License From UMass Dartmouth

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 the

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Chicago Public Media Purchases WKCC and Preserves Public Radio for Kankakee and Surrounding Region

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. The

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Historic Merger Finalized for South Florida PBS

“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 our goal of involving and serving all the people of this region. Truly, this is a new beginning with a solid foundation and an exciting future.”

Public Radio Station WNTI/Hackettstown, NJ is Purchased by Philadelphia Public Radio Station WXPN

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.

To Participate or Not: The Spectrum Auction

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 not

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Santa Barbara’s KDB Classical to Become a Public Radio Station

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 Santa

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PRC Assists Santa Barbara Foundation in Search for New KDB Operator

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 over

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