California Public Radio Stations and NPR recently hired Joanne Griffith to lead a statewide initiative to expand the coverage of California news and issues. Public Media Company assisted with the formation of this California-based journalism collaboration, helping partner stations conceive and formulate a sustainability plan for this initiative, which aims to create a more extensive ecosystem of local and regional news reporting within public...
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WNET recently completed an acquisition of WPPB, the NPR news station located on the East End of Long Island. This Hamptons-based station will be paired with the Long Island public television station, WLIW-TV, which is owned by WNET as well. Public Media Company advised WNET as the station prepared plans for this innovative expansion. “With the acquisition of WPPB-FM, WNET is bringing together the...
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NOTE: The FCC has postponed Auction 106 until further notice. The FCC recently announced an auction of 130 FM broadcast construction permits across the country and is currently seeking comment on the procedures. Auction 106 is scheduled to commence on April 28, 2020 and you can see the complete list of the construction permits here. (Note: Most of these signals are in small to...
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Public Media Company congratulates General Manager Stephen Williams of WMUK at Western Michigan University in Kalamazoo, Michigan, on completing a very important transition! Stephen Williams identified an opportunity to acquire a non-commercial FM signal, enabling WMUK to move from a mixed news/classical format to two services – one all news, and the other serving classical listeners in the region. Public Media Company worked to...
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Our October blog post explored how public radio revenue is now higher than public television revenue thanks to significant radio growth over the past decade. The post also highlighted great disparities between radio stations of different sizes – big growth for large stations and revenue declines for small stations. The variation by station size is also very evident in public television. Small TV stations...
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Public media leaders may not have a financial background, but they are charged with overseeing the health of a critical local media organization in flush times…and not so flush times. How do you make sure that your station is operating on strong financial footing regardless of the economic climate? Get an overview during our upcoming webinar on best practice financial management for station general...
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While both public radio and television revenue have grown in recent years, radio’s higher growth rate has led to public radio revenue overtaking public TV’s revenue for the first time ever (based on Non-federal Financial Support (NFFS) data from CPB). It is easy to see why when you compare the revenue growth rates of public radio stations with public television stations since 2008. Public...
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Public Media Company advised WLVT/PBS39 on this exciting move into radio. From Current: Lehigh Valley Public Media, which operates WLVT-TV in Bethlehem, Pa., is expanding into radio news through a management agreement to take over WLVR-FM, a student-programmed station owned by Lehigh University. The deal will create the first full-time public radio news and talk station to be based in the Lehigh Valley. An...
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The four largest public radio stations in Texas – KERA-Dallas; KUT-Austin; Houston Public Media, and Texas Public Radio in San Antonio are the first stations in the U.S. to launch a collaborative statewide newsroom in conjunction with NPR. Public Media Company helped the founding stations work with NPR to develop a business plan to ensure long-term sustainability of this state-wide reporting organization in Texas....
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An FCC broadcast license is considered an indefinite-life intangible asset. We are noticing that more public broadcasting stations are leveraging the market value of their license(s) in financing projects or attracting philanthropic support. Whether the license was gifted decades ago or purchased recently, noncommercial educational radio and TV stations have a value. If you are interested in getting a fair market valuation of your...
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