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Public Radio Capital Update
 January 2011

 

Greetings! 

 

PMCfulllogoPublic 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.  

 

In Pittsburgh today, Duquesne University announced its decision to sell WDUQ,
90.5 FM, to Essential Public Media, a joint venture of PMC and local station, WYEP. Together PMC and WYEP will preserve WDUQ as an important community asset in Pittsburgh and strengthen its news and cultural services. 

 

The Public Media Company is a natural outgrowth of the work that PRC has been doing for the past 10 years to help local stations acquire new outlets and strengthen services.   PRC will continue this role under the leadership of Marc Hand and Susan Harmon. 

 

Marc will split his time between PRC and PMC where he will be joined as managing director by Ken Ikeda, departing executive director of the Bay Area Video Coalition.  Susan will be a director of the PMC Board, which will be chaired by Jan Nicholson of New York. 

 

Please go to our websites - publicradiocapital.org and publicmediacompany.org for more information.