Over the past twelve years, Public Radio Capital (PRC) has worked with more than 275 different public broadcasting entities to strengthen and expand public media services to local communities nationwide. Founded to “broaden the reach of public radio”, PRC has worked in 46 states as a public media consultant, broker, policy advocate and strategic advisor. At local and national levels, we are dedicated to...
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...Santa Barbara’s KDB Classical to Become a Public Radio Station
Santa Barbara Foundation is selling KDB 93.7 FM to KCRW, a leading National Public Radio affiliate. KCRW will then swap KDB for KUSC’s 88.7 signal. KUSC will continue the great tradition of classical music on 93.7, while KCRW will be able to offer its hybrid format of music genres, news and cultural programming to the Santa Barbara community. Through a local strategic partnership with...
Read More...PRC Assists Santa Barbara Foundation in Search for New KDB Operator
When the Santa Barbara Foundation decided to find a new operator for their classical station KDB 93.7 FM, they turned to Public Radio Capital (PRC) for guidance. PRC is currently assisting the Foundation in selecting an operator who will preserve the classical music format and has the financial capability and business experience to run the station. In “Four competitors in the running to take...
Read More...Fund Borrower WDDE Celebrates First Year On-Air
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...
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A Future in Collaboration for Public Media
In a recent Current commentary, “Redefining Public Media for the Future,” Public Radio Capital’s Erik Langner and Dennis Hamilton discuss the financial challenges facing public media and the benefits of stations working together to strengthen services and increase engagement. Highlighting PRC’s client work with Austin’s KUTX and the Kentucky Public Radio Network, this article explores the growing importance of collaboration for public media’s changing...
Read More...Kentucky’s Public Radio System Turns to PRC for Guidance on Collaboration and Consolidation
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....
Read More...PRC’s Financial Analyst Russ Otten leaves for Shanghai
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...
Read More...Announcing the Release of Public Radio Capital 2012 Annual Report
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...
Read More...Triple A Music Station for Kansas City Public Television
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...
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