Pubcasters KCETLink and KLCS in Los Angeles have agreed to participate in the upcoming FCC spectrum auction through a channel-sharing partnership that could earn them more than $32 million.
A consultant’s study of public TV’s crowded Los Angeles market, commissioned by CPB, predicts a highly integrated collaboration among the area’s four stations would provide hefty financial savings and grow revenues for all four. The eight-week study by Booz & Co. — a major consulting firm spun off by Booz Allen Hamilton — said the present structure of the market has stunted the four stations. They’ve suffered a 10 percent revenue decline since 2005 and a 26 percent drop in net assets since 2007. All have average audiences below the PBS national average rating of 1.1 percent.