Public Radio Overtakes Public TV

While both public radio and television revenue have grown in recent years, radio’s higher growth rate has led to public radio revenue overtaking public TV’s revenue for the first time ever (based on Non-federal Financial Support (NFFS) data from CPB). It is easy to see why when you compare the revenue growth rates of public radio stations with public television stations since 2008. Public...

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WLVT Adds Radio Signal to Its News Initiative for Pennsylvania’s Lehigh Valley

Public Media Company advised WLVT/PBS39 on this exciting move into radio. From Current: Lehigh Valley Public Media, which operates WLVT-TV in Bethlehem, Pa., is expanding into radio news through a management agreement to take over WLVR-FM, a student-programmed station owned by Lehigh University. The deal will create the first full-time public radio news and talk station to be based in the Lehigh Valley. An...

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Texas Public Radio Stations and NPR Launch Collaborative Statewide Newsroom

The four largest public radio stations in Texas – KERA-Dallas; KUT-Austin; Houston Public Media, and Texas Public Radio in San Antonio are the first stations in the U.S. to launch a collaborative statewide newsroom in conjunction with NPR. Public Media Company helped the founding stations work with NPR to develop a business plan to ensure long-term sustainability of this state-wide reporting organization in Texas....

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Know the Value of Your License

An FCC broadcast license is considered an indefinite-life intangible asset. We are noticing that more public broadcasting stations are leveraging the market value of their license(s) in financing projects or attracting philanthropic support. Whether the license was gifted decades ago or purchased recently, noncommercial educational radio and TV stations have a value. If you are interested in getting a fair market valuation of your...

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New England Public Radio and WGBY Television Join Together to Create New England Public Media

Public Media Company helped plan and facilitate this innovative collaboration between New England Public Radio and WGBY Television, which will provide valuable service to Western Massachusetts. Public Media Company worked closely with license holder WGBH to develop the plan to expand capacity for journalism and multi-platform content across the state. Springfield, Mass., (April 11, 2019) – New England Public Radio and WGBY Public Television...

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After Merger of PRI and PRX, ‘Both Companies Will Be Affected in Some Way’

FROM CURRENT: PRX and PRI are keeping their names for now, but changes are coming to the organization formed by their merger. Behind the scenes, executives are reviewing departments and evaluating staffers’ expertise to determine “the most efficient merger” and to “match people to the right roles based on our priorities,” said Kerri Hoffman, the former PRX CEO who holds the same position in...

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PRX and PRI Announce Transformational Public Media Merger

PRI (Public Radio International), a leading creator and curator of award-winning journalism and storytelling, and PRX, a company focused on cutting-edge content and audio technology, announced today that they are merging. Public Media Company will facilitate and finalize the merger in the fall of 2018. The new public media company will support the next generation of creatives, aiming to serve listeners who demand the...

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Five Reasons to Build on Public Media’s Journalism Collaborations

Within public media there’s been an explosion of journalism collaboration in recent years. It burst from the top down — with grant-funded projects initiated in 2010 by CPB and NPR — and from the ground up, as stations such as KUNC in Greeley, Colo., created their own content-sharing partnerships. Yet eight years later this collaborative journalism web is not yet woven together in a...

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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...

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West Virginia Public Broadcasting Rebounds with the Help of Public Media Company

The decline of the coal mining industry hit West Virginia hard, prompting the governor to propose cutting $4.5 million in state funding for West Virginia Public Broadcasting. This cut could have had a devastating impact on West Virginia Public Broadcasting, since it costs $3.5 million annually to broadcast radio and television signals to the mountainous regions in West Virginia. Fortunately, vocal listeners and viewers...

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