Prospective KOCE buyers wait for college district’s next move
Marissa Espino
HUNTINGTON BEACH -- Cal Poly Pomona is at least one prospective
KOCE buyer continuing to show interest in purchasing the
public-television station, although the Coast Community College District
school board is trying to keep it at Golden West College.
Cal Poly Pomona officials met with KOCE representatives Tuesday.
“I can tell you as a university we are certainly looking at the
possibility of being a partner of this project,” said Ron Fremont, the
school’s director of public affairs. “How much it goes beyond that is
really too early to say. I can’t tell you what our position will be next
week.”
USC and Chapman University have also expressed interest in purchasing
the station, which needs $8.5 million to convert its technology into a
digital format within the next five years.
The school district’s board of trustees, the holder of the PBS
affiliate’s broadcast license, discussed the station’s possible sale Aug.
18.
“I think the board, before seriously considering a sale, they would
like to explore whatever [funding] options they can find to keep the
station,” said Mel Rogers, the station’s president and general manager.
Rogers said the board’s decision should not prevent the station from
meeting with prospective buyers seeking public information about KOCE,
which is valued at between $26 million and $39 million.
“What the board said doesn’t mean [other universities] can’t come and
make an offer,” he said. “[So far] there have been questions and
inquiries, but no offers.”
Ruth Wardwell, a Chapman University spokeswoman, said the school is
not really prepared to pursue any more inquiries and it is up to the
community college district to take the next step.
USC officials could not be reached for comment.
Board President Armando Ruiz said he expects a report on the
district’s funding options to be presented to the board in November.
“We are waiting to hear what can be done,” Ruiz said. “Until we have
all the information, then a decision will be made by the board.”
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