May 20, 2013
For Immediate Release
Contact: Tracy Rosenberg, Executive Director, Media Alliance
(510) 684-6853 (Cell), firstname.lastname@example.org (E-mail)
SMCCD Board Liquidates KCSM-TV
Board Votes to Cement Blackstone Deal, Objectors Threatened With Armed Security Guards
San Mateo – On Wednesday May 15th, three San Mateo Community College board trustees approved an unseen contract with Locuspoint Networks, a 99%-owned subsidiary of hedge firm The Blackstone Group, to liquidate the 48-year-old noncommercial TV station KCSM in a spectrum auction.
Members of the public objecting to the District’s lack of transparency, including former KRON-TV reporter and commentator Henry Tenenbaum, award-winning journalist and KAXT-TV principal Ravi Kapur, CO- based Media Stewards Project counsel Patrick Reilly and Media Alliance executive director Tracy Rosenberg, were threatened with removal by armed security prior to the board vote.
Continue reading SMCCD Board Liquidates KCSM-TV
The San Mateo Community College District plans to liquidate peninsula public television in partnership with the Blackstone Group hedge fund.
Locus Point Network is 99% owned by the Blackstone Group, one of the largest banking/hedge fund collaboratives in the world.
Continue reading KCSM TV To Be Sold Off By Notorious Blackstone Group
Media Alliance and the National Lawyers Guild Committee on Democratic Communications filed comments opposing FCC plans to loosen the restrictions on 3rd party fundraising by noncommercial broadcasters.
MA and NLG-CDC Reply Comments – 3rd Party NCE Fundraising_1
The FCC went ahead and loosened the restrictions.
By DeeDee Halleck
John Nichols and Robert McChesney have written a widely posted Nation article searching for answers to the current emergencies in the newspaper business. (“The Death and Life of Great American Newspapers”) They recognize the crisis as an opportunity to rethink public media in general and their suggestions for remedy are at least a provocative starter for the needed reassessment and creative activism. They suggest the government pump in $60 billion over the next three years, a pricetag that is similar to, though less than, the handouts to AIG and the US banks.
Continue reading Bailouts For The Media Moguls: Thinking Outside The Newspaper Box