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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-08-09 01:33 AM
Original message
Pomona broadcasting school signs off
Source: The Associated Press


Pomona: A private Connecticut-based broadcasting school with campuses in here and in more than a dozen states abruptly shut down last week and will seek bankruptcy protection.

Representatives of the Connecticut School of Broadcasting - which has a location at 700 Corporate Center Drive in Pomona - blamed its financial woes on a tightening of the private student loan market. Tuition for 16-week courses is as much as $12,000.

. . .

The school has 26 locations in 16 states.

Classes at the Pomona location - called CSB School of Broadcasting-Los Angeles Metro, Pomona - were taught by working broadcast professionals.

Specializations at the Pomona school included digital audio, television editing, broadcast performance, studio operations, streaming media or any one of the many other facets of the communications industry.

Read more: http://www.sbsun.com/news/ci_11863292




With the quality of broadcast news being what it is, this may not be a bad thing.

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davepc Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-08-09 03:13 AM
Response to Original message
1. CSB never had any respect in the industry.
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-08-09 10:34 AM
Response to Original message
2. "live" on air talent is being replaced by computer and nationalized spots nt
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JerseygirlCT Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-08-09 11:57 AM
Response to Original message
3. I guess the original owner and founder of these schools had sold
it a few years back - the chain was owned by some sort of hedge fund, IIRC.

The founder has said he's going to try to resurrect the original school here in CT.
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-08-09 12:25 PM
Response to Reply #3
4. This is another one of the leveraged buyout raids

A private equity firm "bought" the schools with debt. Debt which the school was then obligated to pay off.

Of course the school is going under.

Today Circuit City is closing its doors for the last time. It also got buried under debt which the private equity firm dumped on them when they "bought" Circuit City.

So many of the bankruptcies and closings of businesses today can be traced back to when private equity "bought" them.
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KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-08-09 12:56 PM
Response to Original message
5. Yale's student-run station used to get referrals from CSB
back when it was still the Connecticut School of Broadcasting.

A lot of WYBC's trainees from the community (only the officers had to be Yale students; many of the jocks, especially on the popular "Spectrum 94" R&B show, were not) had come to the station because they couldn't afford CSB. (Our training program was, and hopefully still is, free.)
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ananda Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-08-09 04:11 PM
Response to Original message
6. Harvard is the Pomona of the east.
nt
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 10:54 AM
Response to Original message
7. Now that Clean Channel owns almost every radio station in the country...
..there is no need for air talent. They run automation. They run the same programs in every market.

There is also no need for local production talent because the merchants hate Clear Channel's business policies. Local business refuses to advertise on Clear Channel.

Deregulation was a lose-lose proposition for everyone involved... the listeners, the communities, the advertisers.
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