originally printed in the AFT Advocate
By Tracy Rosenberg, Executive Director of Media Alliance
(The Media Alliance, at media-alliance.org, is a Bay Area democratic communications advocate. Tracy fought a lonely war to save KCSM-TV between 2011 and 2013.)
When we last left off the story of KCSM-TV (see article in May 2017 Advocate), the 53-year-old public television station’s fate had become the subject of dueling lawsuits between the San Mateo Community College District, its owner and holder of the broadcasting license, and Locuspoint Networks LLC, a subsidiary of the Blackstone Group, the largest hedge firm in the world.
Board made deal with investment firm to sell KCSM’s spectrum to wireless companies Continue reading Who Will Pay For KCSM In The End?
By Tracy Rosenberg. Published in the AFT Advocate – May 2017 http://aft1493.org/may-2017-advocate-kscm-tv/
For years, KCSM-TV, one of two noncommercial broadcasting outlets owned by the College of San Mateo, trained generations of students in communications. The program was probably the best broadcasting training available at a public two-year college and one of the best in the whole country. The TV station, the 5th largest public TV outlet in the state of California, had fallen on hard times in recent years, losing its PBS affiliation and running annual operating deficits. The trustees of the San Mateo Community College District, during a prolonged process to sell the license, kindly referred to KCSM-TV as a “junker car”, reflecting the District’s lack of enthusiasm for revitalizing its public television station.
Every junker has a suitor
But every junker has a suitor, and a hedge firm came calling for KCSM-TV’s carcass. Here is how we got to dueling lawsuits. Continue reading KCSM-TV Spectrum Pot Of Gold Dissolves Into Dueling Lawsuits
California’s fifth largest public television station, KCSM-TV, has been the property of the College of San Mateo and its governing board, the San Mateo Community College District, for more than half century.
Recently the station, which once trained much of the Bay Area’s broadcasting corps with probably the best educational program ever offered at a public community college, has been very much unwanted property.
The station was put up for sale, twice, and some very reasonable offers from new operators were turned down in favor of a deal with a hedge fund, the Blackstone Group, to have subsidiary Locus Point Networks, eradicate the station entirely by selling its spectrum to wireless companies in the FCC’s spectrum auction.
The get rich quick scheme foundered. The District’s authorized bidder, who appears to have been VP Jan Roecks, failed to make a bid at some point in the complex procedure and KCSM-TV was dropped from the auction.
This article by Media Alliance ED Tracy Rosenberg describes the troubled history in the AFT May 2017 Bulletin. Continue reading KCSM TV Spectrum Sale Dissolves Into Lawsuits