Dec 7, 2011
KCSM-TV in San Mateo, Calif., goes up for sale
As expected, the San Mateo (Calif.) Community College announced today (Dec. 7) it is seeking a buyer for public broadcaster KCSM-TV. In June, the board said the sale was due to the station's projected $800,000 structural deficit. Independent Public Media, a nonprofit consortium headed by WYBE founder John Schwarz and Ken Devine, former WNET executive, has already signaled its interest (Current, Oct. 17). Parties may find information and download bid packets from the college district's purchasing page online. Bids may be filed through Feb. 14, 2012.
Posted by Dru at 11:25 AM