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...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...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...
Read More...St. Louis Public Radio Expands its Network
Public Radio Capital did extensive business modeling for St. Louis Public Radio and brokered its recent acquisition of Quincy University’s public radio station WQUB 90.3 FM in Quincy, Ill. This expansion preserves the station’s signature programming and renews support for civic events and local cultural programs, while also bringing additional programming, such as “Talk of the Nation” and “Marketplace,” to the people of Quincy....
Read More...MARFA Public Radio Expands in West Texas
Marfa Public Radio Staff, photo by Chase Lindley The Public Radio Fund loaned $175,000 to Marfa Public Radio (MPR) in West Texas as acquisition financing for the purchase of 91.3 FM and related broadcasting equipment. This expansion brings MPR services into the metropolitan region of Midland-Odessa, increasing the station’s coverage area from 10,000 people to 250,000 people. Renowned nationally for its life saving crisis...
Read More...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...
Read More...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...
Read More...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...
Read More...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....
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