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 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. www.publicmediacompany.org

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