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.