Jun 10, 2011
Board readies sale of KCSM-TV in San Mateo, Calif.
The licensee for KCSM-TV is preparing to sell the California public broadcasting station. The board of the San Mateo County Community College District on Wednesday (June 8) "directed staff to prepare putting KCSM on the market," according to the San Jose Mercury News. The board cited the station's projected $800,000 structural deficit. "I'm disappointed," KCSM General Manager Marilyn Lawrence said. "The station has been a legacy to the college. It'll be a great loss to the community." The television station already has drawn interest from four possible buyers and could sell for around $5 million, Lawrence said.
Posted by Dru at 4:51 PM