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...

Read More...

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...

Read More...

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...

Read More...

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...

Read More...

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...

Read More...

FCC Spectrum Auction and Channel Sharing

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. To take advantage of these opportunities, however, public television stations will need to move quickly: Broadcasters will have until sometime in mid-July to file their construction permit...

Read More...

TV Broadcasters Get Another Shot at Leveraging Channels Into Cash

“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. By working out agreements to share their channels with other noncommercial and commercial broadcasters that did succeed in selling their spectrum, public TV stations have a post-auction opportunity to earn money. The nonprofit consulting firm Public...

Read More...

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...

Read More...

Start-up Assistance for Delaware’s NPR and Local News Station

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...

Read More...