When Yahoo Finance invited us to talk about Locast, we expected some good questions but never thought it would be this much fun. They were interested in a non-profit streaming local broadcast signals over the Internet. Once our chairman, David Goodfriend, explained why Locast is legal, the questions quickly turned to how Locast works and how we pay our bills. It’s like public broadcasting, said Goodfriend, we ask for contributions. Financial reporters are not used to someone saying… we really don’t want to make a profit!
This free TV app could disrupt revenue for the big networks
Locast.org, America’s only nonprofit, free, local broadcast TV digital translator live TV streaming service, was founded by Sports Fans Coalition NY (SFCNY), a New York-based nonprofit, fan-advocacy group formed in 2017. Locast launched in 2018 and is available in 33 DMAs. SFCNY is the first local chapter of Sports Fans Coalition, Inc., which led the successful campaign to end the FCC’s Sports Blackout Rule and continues to advocate for fans. In 2020, Locast added more than 1 million users, making it one of the fastest-growing live TV streaming services and was named the 2020 most-improved streaming service by TechHive. As a nonprofit, Locast is supported by user donations and is available at www.locast.org.
Locast Public Relations