We are a Different Kind of Media Brokerage Firm
MMTC Brokerage is the nation’s only brokerage firm with a focus of working with minorities and women and new entrants. From the start, the company’s entire business model has been to promote minority ownership in the media industry. We are also the nation’s only minority owned (and only nonprofit) media or telecom brokerage and because of that wehave a deeper understanding of what it takes than any other media brokerage firm in the country.
MMTC was founded on a distinct set of principles which is to assist and transform the media landscape by removing market entry barriers to present business opportunities for ownership to people of color and women.
Our team is dedicated to achieving results and working diligently to obtain our clients goals. We believe one key to success holds true – partnerships make all the difference. Whether you are looking to purchase or sell, from the first step through the closing transaction, our team will work tirelessly to achieve your objectives. We have specialty consultants who assist us in the areas of engineering to crunching the numbers and helping to handle FCC matters.
If you are considering media ownership, please contact us for an introductory meeting. Or if you are in the market to buy or sell please call or email us for a confidential consultation.
Our Milestones
Our clients over the years have included dozens of minority broadcasters as well as large broadcast companies, such as: iHeart Radio, CBS Radio, NBC, ION, Gray Television, Entercom, Nexstar and Urban One.
- We were ranked by the broadcast industry’s brokerage ranking service (SNL Kagan) #1 in television and #3 overall in 2014 – this was the first time a minority owned brokerage of any kind received this ranking
- We have actively participated in many of the country’s largest transactions; to bring women and minorities to participate in the transaction process
- In the past decades, MMTC Brokerage performed one of the largest-ever single station radio deal involving a Los Angeles FM sale to Radio One from Clear Channel
- Less than 10 years ago we brokered a large sale of spectrum to a minority buyer to Grain Management, from Verizon
- A decade ago, MMTC received a donation of 99 LPTV stations from Trinity Broadcasting – by year’s end we secured over 90 owners for these stations, among the buyers with whom we sold the stations – six were minority new entrants
- We have brokered other deals on behalf of minorities and women in the past few years, they include the sale of 10 donated radio stations to MMTC, most located in major metro’s, all of which were successfully transferred to minorities or new entrants
Donations
If you are considering a donation of a broadcast facility to MMTC, you’ll be helping the organization fund its mission of ownership diversity. To learn more about our donation program and our process, please reach out to us for private conversation.