As expected, the San Mateo County (Calif.) Community College District announced Dec. 7 it is seeking a buyer for public broadcaster KCSM-TV. In June, the college district said it was selling the station to end its predicted $800,000 structural deficit.
Independent Public Media, a nonprofit consortium headed by WYBE founder John Schwarz and former WNET exec Ken Devine, has already signaled its interest in keeping the channel available for public media (Current, Oct. 17).
Bids are due Feb. 14, 2012. The buyer will be chosen based on price offered, and whether and how quickly the FCC would approve transfer to the bidder, according to the request for proposals.
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