A recent article in Current, “Kentucky Public Radio Stations Evaluate Advantages of Working Together,” August 12, 2013, details how six of Kentucky’s seven public radio stations are working with Public Radio Capital to explore the advantages of collaboration over competition in strengthening local programming and services. Read Current article.
Boulder, Colo. – Public Radio Capital (PRC) today announces that it is bidding farewell to financial analyst Russ Otten. Additionally, PRC is excited to welcome new staff member Louis Caputo. “While we are sorry to see Russ leave, we are pleased that his work with nonprofit broadcasting media made him stand out as a candidate for Hult International Business School’s top ranked MBA program in
Following is an excerpt of the newly released Public Radio Capital 2012 Annual Report: Since 2001, Public Radio Capital has provided consulting services to more than 275 public media organizations. The result: more than 66 million people have access to public radio and TV stations that are more robust, sustainable, and attuned to community interests. In 2012, PRC helped clients in 9 acquisition and financing
PRC brokered the transfer of the KTBG-FM station license from the University of Central Missouri to community-based licensee Kansas City Public Television (KCPT). For more than 18 months, PRC worked with both parties in efforts to preserve the station as an outlet for public broadcasting. To prepare KCPT for integrating its first radio service, PRC provided financial forecasting and business modeling to factor in new
Public Radio Capital is announcing the release of its analysis of the noncommercial radio sales trends. PRC has prepared this analysis since 2005 for internal distribution and to share with appraisal clients; it will now be available to the greater public media community. Following are highlights from this year’s report: The number of noncommercial radio sales continues to grow; there were 116 licensed noncommercial sales
A review of radio transactions in the top 30 markets indicate that existing operators in eight markets expanded services by acquiring new stations. PRC provided brokerage and consulting services for six* of these eight station acquisitions. In Seattle, KING FM switched from a commercial to a noncommercial classical format as well. The chart takes a snapshot of public radio’s audience share across the top 30
January 2013 – Public Radio Capital announces the release of its Public Radio State of the Industry Report, covering trends in audience, revenues and federal support. This year’s report includes the most recent industry-wide data collected for fiscal year 2011. PRC has prepared this report annually since 2004 for distribution to bond rating agencies, and starting this year, it will now be available to the
Anne Hovland, PRC’s Development Director since 2007, will be transitioning to a consulting role with PRC. She will take assignments from time to time that apply her more than 30 years of experience in development and marketing to advance the mission of PRC, and on occasion, PRC’s clients. Co-Founder and Managing Director Marc Hand noted, “Anne’s commitment and contribution to public radio and our company
Public media organizations can apply for funds that will underwrite 2/3rds of in-depth PRC consultancies aimed at growth strategies Boulder, Colo.—(Nov. 12, 2012) Public Radio Capital (PRC) today announced that New York based nonprofit FJC: A Foundation of Philanthropic Funds has established a $100k fund at PRC to spur growth and innovation in public broadcasting. The Revolving Public Media Fund (RPMF) will initially subsidize PRC’s
Public Radio Fund has been selected for the ImpactAssets 50 2012, an open-source, publicly published database of experienced private debt and equity impact investment fund managers. The ImpactAssets 50 2012 is a resource for advisors and investors seeking to respond to the growing demand for investment opportunities that deliver both financial and social or environmental returns. For additional information on this resource, see http://www.impactassets.org/impactassets-50.