For Sale: A Public Broadcasting Station Near You?

FROM JAN SCHAFFER, CPB OMBUDSMAN REPORTS: Last month, Alaska’s Gov. Mike Dunleavy proposed ending all state funding for public broadcasting, He is seeking to save $3.6 million to help close a $1.6 billion budget deficit. For the state’s 27 public radio stations, which provide emergency alerts as well as community news, it would be a double whammy. Even with extra federal support for their...

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NJTV News and NJ Spotlight Join Forces as WNET Acquires NJ Spotlight

Public Media Company served as a key advisor and facilitator of this acquisition, and believes it will provide great service to the residents of New Jersey. Underlining the importance of strong local news, this unique pairing of public television with an independent online news site will reach more residents and have greater impact. FROM NEW JERSEY PUBLIC MEDIA: Furthering its commitment to New Jersey...

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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...

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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...

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New Owners and Operators in the State of New Jersey

Public Media Company assisted the State of New Jersey to implement the State of New Jersey Broadcast Act, which mandated outsourcing the operation of the state’s public television network and selecting buyers for the state’s public radio stations. PMC was hired as financial advisor to help write the requests for proposals, evaluate potential candidates and assist as a consultant during final negotiations. New York’s...

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Finding Santa Barbara Foundation’s KDB a New Operator

When the Santa Barbara Foundation decided to find a new operator for their classical station KDB 93.7 FM, they turned to Public Media Company (PMC) for guidance. PMC assisted the Foundation in discussions and negotiations to select an operator that would preserve the classical music format and have the business experience and financial capability to sustain the station. Santa Barbara Foundation sold KDB 93.7...

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