RFPs Released For N.J. Pubcaster Sale Or Management
February 10, 2011 at 4:22 AM (PT)
With the requests for proposal for the sale or management of the NEW JERSEY NETWORK noncommercial radio and television stations now released, RICHARD STOCKTON COLLEGE OF NEW JERSEY is among the institutions considering a bid for the four television stations, according to SHORE NEWS TODAY.
But the school, which has expressed an interest in the stations, is hesitating based on the state's intention to retain the licenses, and STOCKTON's WILLIAM J. HUGHES Center for Public Policy Director SHARON SCHULMAN said that the "arrangement must be sustainable. We don't want to go back to the Legislature in a few years and say, 'This isn't working. We need more money'." The RFPs offer the radio stations for sale or management and the TV stations for management only.
Among other rumored interested parties are NEW YORK-based, NEWARK-licensed PBS affiliate WNET (TV)/NEW YORK, NPR affiliate WNYC-A-F/NEW YORK, PHILADELPHIA public broadcaster WHYY-TV and WHYY-F, and Jazz WBGO/NEWARK. PATCH.COM reports that a company formed by political commentator and public affairs programming producer STEVE ADUBATO, CAUCUS EDUCATIONAL CORP., is also considering a bid. The radio group is valued at $4.3 million in the RFP, based on BIA/KELSEY estimates.
Read the RFPs by clicking here.