Posts Tagged ‘WMFE’

Jose Fajardo is leaving WMFE…

(from OrlandoSentinel.com) – Jose Fajardo, the president and CEO of WMFE, is leaving, the public broadcaster announced Friday.

Fajardo has been with WMFE since 1996 and became CEO in 2007. He oversaw WMFE’s getting out of public television last year, a controversial move that ended with the sale last month of Channel 24 to the University of Central Florida for $3.3 million.

WMFE decided to concentrate on its radio station, 90.7 FM. WMFE Board Chair Bob Showalter said that Fajardo was leaving the radio station in the best financial condition in recent memory. Showalter cited an October fund drive that raised $200,000; the goal had been $180,000…..Cont…..

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10 2012

WMFE sold to Univ of Central FL…

(from OrlandoSentinel.com) – Public broadcaster WMFE said Thursday that it plans to sell its license for TV station Channel 24 to the University of Central Florida for $3.3 million.

The deal must be approved by UCF’s Board of Trustees, which will vote on the sale Monday.

Under the deal, payments would be made over three years, and UCF would get production, broadcasting and transmission equipment, too. UCF stressed that it would make the purchase without state or tuition funds.

“It’s best for the community,” said Jose Fajardo, president and CEO of WMFE. “There were a couple of buyers interested in the station. We thought it was in the best interest of the community to keep the station community-owned and -operated.”….Cont….

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23

06 2012

Did protest letters to the FCC kill WMFE sale deal?

(from OrlandoSentinel.com) – When viewers spoke out against WMFE’s sale of Channel 24 to a group affiliated with a Texas evangelist, the Federal Communications Commission listened.

The moral of the story: The protest worked.

WMFE recently announced that it had walked away from the deal and is seeking another buyer. The March 13 letter from the FCC helps explain why WMFE wanted out. Barbara Kreisman of the FCC wrote to Robert Olender, who was representing the proposed buyer, Community Educators of Orlando.

Kreisman told Olender that the FCC had received more than 530 letters and submissions protesting the sale of a non-commercial educational (NCE) television station to Community Educators….Cont….

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03 2012

WMFE sale deal falls through…

(from OrlandoSentinel.com) – Orlando public broadcaster WMFE announced nearly a year ago that it planned to sell its TV station for $3 million to a religious broadcaster.

But WMFE has opted out of the deal in hopes of landing a more lucrative offer, Jose Fajardo, station president and CEO, said today.

“It became clear to WMFE that the current deal we had in place was being drawn out longer than we anticipated,” Fajardo said. “The market conditions have changed in a favorable way to be able to pursue other options for WMFE.”

WMFE will not remain in the public television business and has nothing lined up with new PBS station WUCF TV, Fajardo said.  “Our options are to continue to seek a strong buyer and focus on public radio,” Fajardo said….Cont….

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20

03 2012

Local station forced to drop PBS, due to Scott cuts…

(from OrlandoSentinel.com) – Central Florida is losing another PBS station. WDSC in Daytona Beach will stop showing the PBS lineup July 1.

The board at the Daytona State College decided Thursday that it could no longer purchase PBS programs as the college weathers state budget cuts and increases tuition. Gov. Rick Scott last month vetoed almost $4.8 million for public broadcasting, meaning each Florida public TV station lost more than $400,000.

WDSC’s leaving the PBS fold follows WMFE’s decision on April 1 to sell its TV station, which has been the primary PBS station in the region. When it announced its decision, WMFE said there were two other PBS stations (WBCC in Cocoa and WDSC) in the area. The PBS lineup will be off WMFE-Channel 24 on July 1 as well….Cont….

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06 2011