STRATEGIC INVESTMENT HISTORY
PMN
has made strategic investments in three public broadcasting ventures:
National Public Broadcasting, Public Interactive, and The Digital Network.
National Public Broadcasting:
In the mid-1990s, PMN became a charter investor and equity partner in
National Public Broadcasting, a for-profit public television and radio
underwriting sales organization located in Boston and New York City that
solicited corporate underwriting to enhance local station revenue and
program support. After enabling the launch and development of this
national underwriting sales venture, PMN sold its shares back to the firm
three years later.
Public Interactive:
In 2000, PMN became an equity shareholder in Public InteractiveŽ, a
leading integrated Application Service Provider (ASP) of on-line
collaborative tools, community engagement technologies, content
syndication services and member and audience relationship management
systems for the public broadcasting industry. Public Interactive is now a
subsidiary of Public Radio International (PRI)
The Digital
Network:
In 2004, PMN became
an equity shareholder in The Digital Network (TDN), a nationwide
datacasting network application, operations, and management firm
headquartered in Dallas Texas. TDN was established to operate and market
both a business network and technical network offering comprehensive DTV
datacasting solutions and opportunities for revenue-generation.
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