Greenspring Company
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Greenspring Company
Greenspring Company was the for-profit subsidiary of the non-profit American Public Media Group. Profits gathered from Greenspring were funneled through American Public Media Group in order to help fund Minnesota Public Radio, although Greenspring was taxed before the funds were transferred. Greenspring owned The Rivertown Trading Company until it was sold to Target Corporation in 1998 for US$ 134 million. In 2004, the company sold the Minnesota News Network (MNN) to Saga Communications, apparently along with station WMNN. Greenspring kept KLBB and KLBP radio, which remained affiliated with MNN. Radio station WMNN was sold to Starboard Broadcasting organization, which programs the Catholic radio network Relevant Radio. In 2005, KLBB and KLBP were sold to Davidson Media Group for US$5.2 million. In 2013, Greenspring Media Group, publishers of ''Minnesota Monthly'' and other publications, was sold to Hour Media ''Hour Detroit'' is a monthly city magazine covering the Metro Detr ...
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Non-profit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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American Public Media Group
American Public Media Group, formerly the Minnesota Communications Group, is the non-profit parent organization of Minnesota Public Radio, American Public Media, and Southern California Public Radio. Jean Taylor is APMG's President and CEO. History Minnesota Communications Group In the second quarter 1998, Minnesota Communications Group and Greenspring Company approved the sale of Greenspring's catalog sales business, Rivertown Trading, to Dayton Hudson for $120 million. $90 million of the sale price would go into MPR's endowment fund, which then totaled only $19 million. Greenspring President Bill Kling and two other top executives received $7.3 million of proceeds via a "value participation unit" plan. Rivertown Trading started with a Prairie Home Companion–inspired "Powder milk Biscuit" poster order form in 1981. American Public Media Group American Public Media Group sold Greenspring Media Group, a for-profit publishing company, to Hour Media LLC in July 2013 as Greenspr ...
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Minnesota Public Radio
Minnesota Public Radio (MPR), is a public radio network for the state of Minnesota. With its three services, News & Information, YourClassical MPR and The Current, MPR operates a 46-station regional radio network in the upper Midwest. MPR has won more than 875 journalism awards, including the Peabody Award, both the RTNDA Edward R. Murrow Award and the Corporation for Public Broadcasting award of the same name, and the Alfred I. duPont-Columbia University Gold Baton Award. As of September 2011, MPR was equal with WNYC for most listener support for a public radio network, and had the highest level of recurring monthly donors of any public radio network in the United States. MPR also produces and distributes national public radio programming via its subsidiary American Public Media, which is the second-largest producer of public radio programming in the United States, and largest producer and distributor of classical music programming. History Minnesota Public Radio began ...
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Target Corporation
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed Target Corporation in 2000, and divested itself of its last department store chains in 2004. It suffered from a massive, highly publicized security breach of customer credit card data and the failure of its short-lived Target Canada subsidiary in the early 2010s, but experienced revitalized success with its expansion in urban markets within the United ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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WLOL (AM)
WLOL (1330 AM) is a radio station in the Twin Cities region of Minnesota. It broadcasts a Catholic Radio format and is part of the Relevant Radio network. WLOL's transmitter is located along the Minnesota River in Savage. History WLOL, named for the "Land Of Lakes", is one of the area's most legendary set of call letters. WLOL's history is intertwined with many other local frequencies over the years. The first incarnation of WLOL signed on at 1300 AM on June 16, 1940 and was a part of the Mutual Broadcasting System, a national radio network in the United States. Studios were a1730 Hennepin Avenue at Oak Grove Street across from Loring Park, approximately in the current-day airspace over the westbound lanes of I-94 exiting the Lowry Hill Tunnel. The transmitter was in St. Paul's Midway district. WLOL moved to 1330 AM on March 29, 1941 as required by the North American Regional Broadcasting Agreement (NARBA) under which most American, Canadian and Mexican AM radio stations chang ...
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KMNV
KMNV (1400 kHz "La Raza") is a commercial AM radio station licensed to St. Paul, Minnesota, and serving the Twin Cities radio market. It is owned by Santamaria Broadcasting and broadcasts a Spanish-language radio format featuring Regional Mexican music with some weekday comedy shows. KMNV's radio studios and offices are in Richfield. KMNV is powered at 1,000 watts non-directional. The transmitter is near the Mississippi River in St. Paul. Programming is also heard on FM translator K239CJ at 95.7 MHz in St. Paul. History WMIN The station signed on the air in the summer of 1936, when St. Paul furniture retailer Edward Hoffman began broadcasting at 1370 kHz. WMIN was reassigned to the 1400 kHz frequency in 1941 when the North American Regional Broadcasting Agreement treaty (NARBA) was negotiated to reduce interference between American radio stations and those from other countries. Noted jazz announcer Leigh Kamman started his career in broadcasting at the stat ...
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KMNQ
KMNQ (1470 kHz) is a commercial AM radio station licensed to Brooklyn Park, Minnesota, and serving the Twin Cities radio market. The station simulcasts the Spanish-language programming of sister station KMNV, playing Regional Mexican music. In October 2021, it began stunting with a variety format, before leaving the air entirely in early 2022. In January 2023, it returned, again simulcasting sister station KMNV. It left the air again the following day. KMNQ's radio studios were located on 27th Avenue South and East Lake Street in Minneapolis. Those studios burned in the Minneapolis Riots following the murder of George Floyd in May 2020. The station returned to the air with help from KFAI, which offered space in its facility. Studios were subsequently established in Richfield. The transmitter is located in Brooklyn Park. KMNQ’s power is 5,000 watts using a directional antenna to protect other stations on 1470 AM. History Since 1994, 1470 has simulcast KLBB (1400 AM), whi ...
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Starboard Broadcasting
Relevant Radio (corporate name Relevant Radio, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. Relevant Radio operates an English language network and a Spanish language network. Its English-language network has 94 owned and operated stations and 75 affiliates, while its Spanish-language network has 7 owned and operated stations. The network originates from studios in Green Bay, Wisconsin, with additional studios in Minneapolis, Minnesota; Madison, Wisconsin; Chicago, Illinois; Austin, Texas; and Newark, New Jersey. The network airs a variety of programming aimed at practicing Catholics, mostly in a listener-interactive talk format. "Morning Air", which the network describes as "a classic drive-time format that combines inspiration & entertainment" was the first program developed by Relevant Radio in 2003. The network now airs almost ...
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Relevant Radio
Relevant Radio (corporate name Relevant Radio, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. Relevant Radio operates an English language network and a Spanish language network. Its English-language network has 94 owned and operated stations and 75 affiliates, while its Spanish-language network has 7 owned and operated stations. The network originates from studios in Green Bay, Wisconsin, with additional studios in Minneapolis, Minnesota; Madison, Wisconsin; Chicago, Illinois; Austin, Texas; and Newark, New Jersey. The network airs a variety of programming aimed at practicing Catholics, mostly in a listener-interactive talk format. "Morning Air", which the network describes as "a classic drive-time format that combines inspiration & entertainment" was the first program developed by Relevant Radio in 2003. The network now airs almost ...
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Davidson Media Group
The Davidson Media Group (DMG) is a Charlotte-based broadcaster specializing in multi-cultural, community focused formats. The company runs stations in a number of markets in 10 states and also specializes in selling large blocks of time on some of its stations to brokers who broadcast Spanish and/or urban contemporary gospel programs. Despite the minority-focus of DMG's market, the company itself is not minority-owned and is controlled through two private equity groups, CapStreet II LP and Citigroup Venture Capital. Felix Perez was at one time DMG's president and chief executive officer; by January 2012, Perez had been named as the general manager for Univision Radio. On February 13, 2009, SS Broadcasting Holdings (SSH) announced that it was purchasing Davidson Media Group for $1,000 cash and assumption of debt. This transaction placed SSH in control of 43 stations previously licensed to DMG. Organization The structure of the Group was quite complicated and prone to change as ...
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Greenspring Media Group
Greenspring Media is a publisher of Minnesota-focused publications. The company publishes two subscription magazines, ''Minnesota Monthly'' and ''Midwest Home'', as well as custom publications including ''Real Food'', '' Where Twin Cities'', ''Twin Cities Living'', ''Minneapolis Meeting & Planner's Guide'', ''Bloomington-Mall of America Visitors Guide'' (in partnership with Bloomington Convention & Tourism Bureau and the Mall of America), ''Minneapolis-Saint Paul Official Visitors Guide'', and ''Visit-TwinCities.Com''. History The publisher was established with a single publication in 1967. In 2013, Greenspring Media Group was sold to Hour Media. Greenspring Media is located in Bloomington, Minnesota. It covers the Twin Cities Twin cities are a special case of two neighboring cities or urban centres that grow into a single conurbation – or narrowly separated urban areas – over time. There are no formal criteria, but twin cities are generally comparable in statu ... (Minn ...
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