Public media organizations can apply for funds that will underwrite 2/3rds of in-depth PRC consultancies aimed at growth strategies Boulder, Colo.—(Nov. 12, 2012) Public Radio Capital (PRC) today announced that New York based nonprofit FJC: A Foundation of Philanthropic Funds has established a $100k fund at PRC to spur growth and innovation in public broadcasting. The Revolving Public Media Fund (RPMF) will initially subsidize...
Read More...Public Radio Fund Selected for the ImpactAssets 50 2012
Public Radio Fund has been selected for the ImpactAssets 50 2012, an open-source, publicly published database of experienced private debt and equity impact investment fund managers. The ImpactAssets 50 2012 is a resource for advisors and investors seeking to respond to the growing demand for investment opportunities that deliver both financial and social or environmental returns. For additional information on this resource, see http://www.impactassets.org/impactassets-50....
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...Public Radio Capital Co-Founder Susan Harmon to step down as Managing Director
Public Radio Capital (PRC) today announced that Susan Harmon will retire from her position as managing director at the end of 2011. Harmon co-founded the organization with Marc Hand in 2001. Harmon will continue to serve on the PRC board as well as on the Public Media Company (PMC) board. PMC was founded in 2011 by PRC. The PRC board has named Ken Ikeda...
Read More...Public Radio Fund Selected as a Leading Fund Manager
The Public Radio Fund was selected as a leading fund manager by newly launched ImpactAssets 50, a global database of leading private debt and equity fund managers that deliver social and environmental value in addition to financial returns. Public Radio Fund’s manager Erin Moran, recipient of a 2011 CFO of the Year award from the Denver Business Journal, commented, “We are pleased that the...
Read More...CFO of the Year Awarded to PRC’s CFO/COO
In May 2011 Erin Moran, CFO/COO of Public Radio Capital and the Public Radio Fund manager, received the CFO of the Year award for Small Companies from the Denver Business Journal. “I have been fortunate to work with Erin for more than nine years on a variety of financing projects and her leadership, insights and creativity have been invaluable to Public Radio Capital,” said...
Read More...KOCE-TV becomes PBS SoCal – Southern California’s primary PBS station
PBS SoCal (formerly KOCE-TV) is PBS’s flagship station in Los Angeles, Calif. A $500,000 revolving line of credit loan from the Public Radio Fund provides working capital to assist PBS SoCal as it expands its services. Currently, PBS SoCal is building a new studio in its building to expand programming capabilities. In February 2011, they added the WORLD Channel to their multiple viewing platforms,...
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...PRC launches a new nonprofit, Public Media Company
Public Radio Capital (PRC) is pleased to announce the launch of Public Media Company (PMC) and its first project in Pittsburgh. PMC is a new nonprofit organization that will build networks of national resources to strengthen independent local media. On January 14, 2011, Duquesne University announced its decision to sell WDUQ, 90.5 FM, to Essential Public Media, a joint venture of PMC and local...
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