‘Public Radio Capital’s role in the sale of KTRU has not been mentioned in any of President David Leebron’s communications, even though it was the party responsible for organizing the sale. Initially funded by the Corporation for Public Broadcasting as a business resource for public radio, PRC has since led its clients through more than $240 million in radio transactions across the country, according to its website. PRC is contacted by a station owner — in this case, the Rice administration — with the desire to sell, and then proceeds with the work of assessing value and finding a buyer.”

Read the full article here (you may need to login)>