Saturday, September 28, 2013

Public Radio Capital, "Broadening the reach of public media"

According to its own records, Big Brother, through "Public Radio Capital", has has spent more than $313 million to acquire commercial and college radio stations, bringing them into the government's National Propaganda Radio fold.

This information comes from http://www.publicradiocapital.org/clients/transactions.php


 "Broadening the reach of public media" indeed!



ClientTransaction sizePrimary
Coverage
(note a)
1Public Television 19, Inc/KCPT (notes b,g)$1,650,0001,317,900

Acquisition of KTBG-FM (Kansas City, Kansas) 2013

2WAPS
322,398

WKTL-FM Operating Agreement (Youngstown, Ohio) 2013

3University of Texas$6,000,0001,554,653

Acquisition of KXBT (Austin, Texas) 2012

4The Working Group (note e)$170,000

Financing through Public Radio Fund (Oakland, Calif.) 2012

5Radio Bilingue (note e)$400,000

Financing through Public Radio Fund (Fresno, Calif.) 2012

6WXEL Public Broadcasting (note e)$2,000,000

Financing through Public Radio Fund (West Palm Beach, Fla.) 2012

7Delaware First Media (note e)$105,000117,641

Financing through Public Radio Fund (Dover, Del.) 2012

8Classical Public Radio Network$3,750,0001,772,557

Acquisition of KUSF (San Francisco, Calif.) 2012

9University of Missouri $40,000117,198

Acquisition of WQUB (Quincy Ill.) 2012

10University of Southern California$7,500,0002,057,105

Acquisition of KXSC (Sunnyvale, Calif.) 2012

11Colorado Public Radio$12,000,000

Refinancing (Denver, Colo.) 2012

12Marfa Public Radio Corporation (note e)$175,000

Financing through Public Radio Fund (Marfa, Texas) 2011

13University of Southern California $205,00078,854

Acquisition of K212AA (Los Gatos, Calif.)

14Ohio State University$2,000,000

Sale of WOSU-AM (Columbus, Ohio) 2011

15Listeners Community Radio of Utah $225,000106,617

Sale of KZCL-FM (Logan, Utah) 2011

16Iowa Public Radio $1,750,000421,783

Acquisition of KZHZ-FM (Patterson, Iowa) and KZHC-FM (Pleasantville, Iowa) 2011

17The Wheeler School
491,747

WELH-FM Operating Agreement (Providence, R.I.) 2011

18University of Alabama$1,100,000891,671

Acquisition of WHIL-FM (Mobile, Ala.) 2011

19Radio Bilingue (notes e,f)$650,000

Financing through Public Radio Fund (Denver, Colo.) 2011

20Denver Educational Broadcasting Inc. (note e)$500,000

Financing through Public Radio Fund (Denver, Colo.) 2011

21Northern Kentucky University $6,750,0003,300,000

Acquisition of WPAY-FM & WPFB-FM/AM (Cincinnati, Ohio) 2011

22Marfa Public Radio Corporation$300,000141,272

Acquisition of KOCV-FM (Odessa, Texas) 2011

23Essential Public Media (note b)$6,000,0001,784,349

Acquisition of WDUQ-FM (Pittsburgh, Pa.) 2011

24Essential Public Media (note e)$2,500,000

Financing (WDUQ-FM in Pittsburgh, Pa.) 2011

25KOCE Foundation (note e)$4,527,305

Re-financing (KOCE-TV, in Huntington Beach, Calif.) 2010

26WFCR Foundation (note e)$420,0002,110,123

Financing through Public Radio Fund (Amherst, Mass.) 2010

27University of Houston$9,932,0004,018,325

Acquisition of KTRU-FM (Houston, Texas.) 2010

28Vermont Public Radio$435,00046,515

Acquisition of WVXR-FM (Randolph, Vt.) 2010

29University of South Florida$1,275,000793,757

Acquisition of WSMR-FM (Sarasota, Fla.) 2010

30Ohio State University (note d)$4,871,000917,373

Acquisition of WWCD-FM (Columbus, Ohio) 2010

31American Public Media Group$4,050,0001,801,694

Acquisition of WXEL-FM (West Palm Beach, Fla.) 2010

32Long Island University$850,000133,413

Sale of WLIU-FM (Southampton, New York.) 2010

33Colorado Public Radio$8,300,000

Re-financing (KVOD-FM, prev. KFDN, in Denver, Colo.) 2010

34eTown (note e)$2,300,000

Financing through Public Radio Fund (Boulder, Colo.) 2010

35WGBH Educational Foundation$14,000,0004,006,875

Acquisition of WCRB-FM (Boston, Mass.) 2009

36North Texas Public Broadcasting, Inc.$18,000,0005,901,402

Acquisition of KVTT-FM (Dallas, Texas) 2009

37North Texas Public Broadcasting, Inc. (note f)$17,500,000

Financing (KVTT-FM in Dallas, Texas) 2009

38Cincinnati Public Radio
336,390

WMUB-FM Operating Agreement (Oxford, Ohio) 2009

39University of Southern California$1,200,000220,327

Acquisition of KXTY-FM (Morro Bay, Calif.) 2009

40Lakeshore Public Media$1,050,000129,720

Acquisition of WWLO-FM (Lowell, Ind.) 2008

41Wasatch Public Media (note e)$2,818,000

Financing (KCPW-FM in Salt Lake City, Utah) 2008

42Capital Public Radio$4,700,000947,302

Acquisition of KUOP-FM (Stockton, Calif.) 2008

43New Hampshire Public Radio$6,000,000

Financing for new building, studios and equipment (New Hampshire) 2008

44California Lutheran University$1,440,000538,165

Acquisition of KIST-AM (Santa Barbara, Calif.) 2008

45Wasatch Public Media$2,400,000830,361

Acquisition of KCPW-FM (Salt Lake City, Utah) 2008

46American Public Media$1,000,000141,432

Acquisition of KBXO-FM (Coachella, Calif.) 2008

47Colorado Public Radio$8,200,000

Financing (KFDN-FM in Denver, Colo.) 2008

48Colorado Public Radio$8,200,0002,548,279

Acquisition of KFDN-FM (Denver, Colo.) 2008

49North Texas Music Foundation$500,000

Sale of a CP in Stephenville, Texas 2007

50American Public Media Group$20,000,0004,302,125

Acquisition of WMCU-FM (Miami, Fla.) and a translator (West Palm Beach, Fla.) 2007

51Santa Fe Community College
30,000

Swap of KSFR-FM for KSFQ-FM in Santa Fe, N.Mex. (owned by Educational Media Foundation) 2007

52University of Pennsylvania$4,335,0001,247,380

Acquisition of WZXM-FM and a translator (Middletown, Pa. & Harrisburg, Pa.) 2007

53University of Pennsylvania$1,250,000

Sale of WXPH-FM (Harrisburg, Pa.) 2007

54Northeast Indiana Public Radio$1,750,000454,177

Acquisition of WCKZ-FM (Ft. Wayne, Ind.) 2006

55Jacksonhole Community Radio$18,00017,159

Acquisition of KURT-FM (CP) (Jackson, Wyo.) 2006

56Capital Community Broadcasting$676,40030,000

Acquisition of KFMG-FM and KSRJ-FM (Juneau, Alaska) 2006

57University of Massachusetts$725,000

Sale of WSMU-FM (N. Dartmouth, Mass.) 2006

58Vermont Public Radio$147,00026,617

Acquisition of a CP (Brighton, Vt.) 2006

59Cincinnati Public Radio$411,000

Sale of WVXA-FM (Rogers City, Mich.) 2006

60Cincinnati Public Radio$200,000

Sale of WVXH-FM (Harrison, Mich.) 2006

61Cincinnati Public Radio$380,000

Sale of WVXM-FM (Manistee, Mich.) 2006

62Puget Sound Public Radio$500,000202,222

Acquisition of KVSN-AM (Olympia, Wash.) 2006

63Puget Sound Public Radio$6,000,000

Financing (KXOT-FM in Seattle-Tacoma, Wash.) 2006

64Puget Sound Public Radio


Operating agreement with PRC for KXOT in Wash. 2006

65Oklahoma State University$130,00050,700

Acquisition of two translators (Bixby & Okmulgee, Okla.) 2005

66Radio Bilingue$50,00039,412

Acquisition of KVFR-FM (CP) (Laytonville, Calif.) 2005

67Cincinnati Public Radio$15,000,000

Financing (Cincinnati, Ohio) 2005

68Cincinnati Public Radio$15,000,0002,293,533

Acquisition of 7 Xavier University Stations (Cincinnati, Ohio) 2005 (note c)

69WMHT Educational Communications$1,500,000225,424

Acquisition of WBKK-FM (Amsterdam, N.Y.) 2005

70Oklahoma State University $4,000,000366,025

PRC Acquisition of KGND on Behalf of OSU (Tulsa, Okla.) 2004/2005

71Oklahoma State University $7,000,000626,001

Financing (Oklahoma City & Tulsa, Okla.) 2004/2005

72University of Iowa$450,00056,312

Acquisition/Financing - KIIC-FM (Lamoni, Iowa) 2004

73San Diego State University$1,100,000100,601

Acquisition of KQVO FM (Calexico, Calif.) 2004

74Boulder Community Broadcast Associates$4,100,0002,710,616

Acquisition of KJME-AM (Denver, Colo.) 2004

75Radio for Milwaukee
1,294,279

WYMS-FM Operating Agreement (Milwaukee, Wisc.) 2004

76GBH Telecommunications $3,927,00094,866

Represented in the FCC Auction (Brewster, Mass.) 2004

77Joy Public Broadcasting $1,200,000300,009

Sale of WJTM-FM (Frederick, Md.) 2004

78High Plains Public Radio $1,200,000239,829

Acquisition KAEZ-FM Station (Amarillo, Texas) 2004

79Nevada Public Radio$250,000111,132

Acquisition of KZBS-FM (CP) (St. George, Utah) 2004

80KBPS Foundation $5,500,0001,902,001

Acquisition of KBPS-FM (Portland, Ore.) 2003

81Northeast Public Radio /WAMC $500,000618,461

Acquisition of WAMC-AM (Albany, N.Y.) 2003

82Bates Technical College$5,000,0002,181,922

PRC Acquisition of KBTC-FM from Bates (Tacoma, Wash.) 2003/2005

83Chicago Public Radio
763,058

WLUW-FM Operating Agreement (Chicago, Ill.) 2003

84KQED Inc. $3,000,000451,131

Acquisition of KQEI-FM (Sacramento, Calif.) 2003

85Park City Community Wireless $2,400,0002,085,744

Financing (Salt Lake City, Utah.) 2003

86Nashville Public Radio $3,000,0001,029,856

Acquisition of WQDQ-AM (Nashville, Tenn.) 2002

87Chicago Public Radio $550,000100,054

Acquisition of WBEW-FM (Chesterton, Ind.) 2002

88Nashville Public Radio $5,690,000

Financing (Nashville, Tenn.) 2001/2002

89Johns Hopkins University $5,000,0001,679,312

Sale of WYPR-FM (Baltimore, Md.) 2001/2002

90WGBH Educational Foundation $1,500,00040,758

Merger of WCAI/WNAN with WGBH (Cape Islands, Mass.) 2001

91Colorado Public Radio $4,200,0002,394,709

Acquisition of KCFR-AM (Denver, Colo.) 2001

92Colorado Public Radio $6,300,000

Financing (Denver, Colo.) 2001/2002

Transaction Total$313,677,70567,962,623
(a) The column represents the public media service area expanded or preserved by each transaction. Population coverage within the 60dBu (1.0mV/m ) FCC contour. The 60dBu coverage area is considered to be the primary coverage area for a non-commercial FM station and is the contour that is protected from interference by the FCC. Population predictions based upon V-Soft Communications - Probe 3 with Longley-Rice propagation model for the FMs (at 9.1m receiver height above ground) and FCC contour daytime coverage for the AMs. 2000 Census Data for sales before 2004; 2004 Census estimates for sales between 2003 and 2007; 2007 US Census estimated for sales between 2008 and 2010; and 2010 US Census estimates for sales in 2011 on.
(b) Transaction purchase agreement signed but not yet closed.
(c) Including: WVXU-FM/ Cincinnati, Ohio; WVXC-FM/ Chillicothe, Ohio; WVXR-FM/Richmond, Ind.; WVXH-FM/Harrison, Mich.; WVXW-FM/West Union, Ohio; WVXA-FM/Rogers City, Mich.; WVXM-FM/Manistee, Mich.
(d) Transaction size based on net present value of cash flows associated with the purchase price and sellers note, discounted at 3%.
(e) Transaction amount reflects total amount committed.
(f) Loan paid in full.
(g) Transaction total amount includes $550,000 in non-cash consideration. Primary coverage represents potential coverage of the proposed upgraded signal for KTBG-FM.

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