March 30, 2011 10:10 PM
We would like to respond to the erroneous information being circulated about KCET. Here is the truth: KCET is NOT being sold. We are firmly committed to being Southern California's independent public TV station.
We ARE looking for a new production facility that will allow us to not only produce award-winning shows but to expand our digital footprint across multiple media platforms. As part of the process, we have entered into a real estate transaction to sell our current studio lot. Funds from this sale will be used to convert KCET into a contemporary TV station by investing in a new location, equipment and productions. As part of this transaction, there are confidentiality provisions that limit what we can further say.