Northern Kentucky University Triple A station, 4th largest in the nation

Public Radio Capital brokered Northern Kentucky University’s acquisition of 105.9 WPFB AM/FM and 104.1 WPAY FM as part of a network of stations that will broadcast the 89.7 WNKU public radio signal to more than 3.3 million people. This acquisition will expand the station’s signal into 16 Kentucky counties not currently served by the station. The two new stations will expand WNKU’s coverage by an

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PRC launches a new nonprofit, Public Media Company

Public Radio Capital (PRC) is pleased to announce the launch of Public Media Company (PMC) and its first project in Pittsburgh. PMC is a new nonprofit organization that will build networks of national resources to strengthen independent local media. On January 14, 2011, Duquesne University announced its decision to sell WDUQ, 90.5 FM, to Essential Public Media, a joint venture of PMC and local station,

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New Service in Houston

Public Radio Capital represented KUHF Houston Public Radio, through its licensee, the University of Houston, to acquire the radio station frequency, 91.7 FM, in Houston. The purchase will double KUHF’s public service broadcasting for the region with distinct formats on two channels rather than one. KUHF’s public radio service is currently a dual news/classical music service. Through the addition of 91.7 FM, Houston Public Radio

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LA>Forward Launches

LA>FWD is the signature product of Los Angeles Public Media and Radio Bilingüe with major funding from the Corporation for Public Broadcasting. Launched on September 16, 2010, LA>FWD promises young multi-ethnic Angelinos public media that is authentic and focuses on their lives, their community and their diverse metropolis. PRC has been a lead consultant to the project since its inception, providing a variety of expertise

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Preserving NPR in Long Island

In a transaction brokered by PRC, Peconic Public Broadcasting, serving eastern Long Island and southern Connecticut, has finalized the acquisition of WLIU, 88.3 FM from Long Island University. The transaction preserves the NPR news, jazz and eclectic music outlet for the predominately rural area of 133,000 residents.

Fund Makes 3 New Loans

The Public Radio Fund, the only loan fund in the country dedicated to financing public media’s future, has made new loans totaling more than $1 million since July. Loan recipients include WFCR Foundation in Amherst, MA, KOCE Television in Los Angeles, CA, and Etown in Boulder, CO. Two other loans for as much as $1.1 million are expected to close before year-end.