Think collaboration, even when replacing broadcast infrastructure. Public Media Company recently developed a 5-year capital investment plan for Indiana Public Broadcasting Stations, a consortium of 11 public broadcasting entities that own and operate 32 radio and television signals in Indiana. Public Media Company surveyed the current state of broadcast and production equipment owned by IPBS members. We also documented a shared vision for future...
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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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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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The Pacifica Foundation announced today the settlement on a series of agreements that releases WBAI, the organization’s New York radio station, from a court judgement as well as the last two years of its lease at the Empire State Building as of May 31st, 2018. The Foundation is also in the final stages of completing an agreement to relocate its transmission facility to a...
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The decline of the coal mining industry hit West Virginia hard, prompting the governor to propose cutting $4.5 million in state funding for West Virginia Public Broadcasting. This cut could have had a devastating impact on West Virginia Public Broadcasting, since it costs $3.5 million annually to broadcast radio and television signals to the mountainous regions in West Virginia. Fortunately, vocal listeners and viewers...
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Twelve years ago, Public Media Company helped the NPR news and information station in Juneau, Alaska acquire two additional stations, and now the combined entity is far and away the number one most listened to radio station in the capital of Alaska with a combined share of over 39% with daily news and information, and a 24/7 jazz/ classical and adult alternative format, each...
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As we transition from the FCC spectrum auction and the FCC auction quiet period, public television stations may face unique and interesting post-auction opportunities that could allow them to improve their service, generate additional revenue, or both. To take advantage of these opportunities, however, public television stations will need to move quickly: Broadcasters will have until sometime in mid-July to file their construction permit...
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“The FCC’s incentive auction may not have resulted in the jackpot payday that some television broadcasters hoped for, but public broadcasters could still benefit financially through channel-sharing deals. By working out agreements to share their channels with other noncommercial and commercial broadcasters that did succeed in selling their spectrum, public TV stations have a post-auction opportunity to earn money. The nonprofit consulting firm Public...
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CPR was represented in the following transaction by Public Media Company: Colorado Public Radio (CPR) today announced plans to broaden the geographic makeup of its newsroom and expand the broadcast reach of its news service (CPR News) along the Front Range. Both efforts build on CPR’s organizational vision to be a statewide news and information resource for the entire Colorado community. The geography of...
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The FCC released final opening bid prices on November 12, 2015. By January 12, 2016, stations must decide whether to participate in the auction....
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