Public Radio Growth in the Capital of Alaska

Twelve years ago, Public Media Company helped the NPR news and information station in Juneau, Alaska acquire two additional stations, and now the combined entity is far and away the number one most listened to radio station in the capital of Alaska with a combined share of over 39% with daily news and information, and a 24/7 jazz/ classical and adult alternative format, each...

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Nevada Public Radio Expands With Music Station in Reno

Nevada Public Radio recently completed the acquisition of KJIV 89.1 FM in Reno, Nevada, a move that extends their public radio service into a growing and vibrant market. In addition to representing Nevada Public Radio throughout the process, Public Media Company also prepared the business model and financial analysis to test the viability of the purchasing a Reno-based station and launching a  “music discovery”...

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A $1.7M Write-off and a New Chapter for Local Public Radio

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, says that the arrangement means a new day for the local news and information outlet and its listeners. “The debt burden that was taken on in 2008 saved...

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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...

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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...

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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....

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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....

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Presenting Public Media Database Plans at Public Radio Super-Regional Meeting

At the upcoming 2014 Public Radio Super-Regional Meeting, PMC’s Managing Director Dennis Hamilton is a panel member for “The Intersection of Data and Decision-making”. This session will cover the importance of Big Data for public media and the development of the new Public Media Database (PMD). With initial strategic input from eight of the nation’s leading public broadcasters, the comprehensive Database is designed to...

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