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PRC to Help Pubcasters Acquire Stations

PRC to Help Pubcasters Acquire Stations

Non-commercial broadcasters have a new business partner — Public Radio Capital — a new organization to help potential and current pubcasters acquire non-commercial frequencies.
The firm will also provide financial and business planning services to assist broadcasters with financing major expansion projects, including television digital conversion, acquiring or renovating facilities, and equipment purchases.
“When a broadcast channel/station becomes available, most public broadcasters are not set up to move quickly enough to compete with other broadcast companies,” said Marc Hand, one of PRC’s Managing Directors. “PRC gives managers a place to turn for quick answers to complicated business questions and all important access to needed capital.”
PRC will not operate stations, rather other public broadcasting organizations will operate the stations PRC helps public radio secure.
PRC helped Colorado Public Radio analyze the feasibility of borrowing money to purchase a second public radio station in Denver that was previously operated by a commercial network.
PRC brokered the $4.2 million deal.
For more information about Public Radio Capital, visit