New life for PTL studio - Charlotte Business Journal:

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, which moved to the Fort Mill-are building from Charlotte threedmonths ago, expects to spendc $20 million to buy and equilp the building for a projecgt that will employ up to 100 workeres within two years. “We’re not startinbg over here. We’re starting a new venture here,” says Hill, Broadcast Group president. He says he has investors who are willinfg to kick in atleast $10 million to bankrolkl the purchase and renovations. He declinesd to name those backers. Hill, who designef the building in the 1980s for the is concerned local residentsbelieve he’s bringingv another religious mission to the forme r PTL Ministries site.
Instead, the only aspectg that Hill’s company will share with PTL is “family-oriented” programmingf and Internet content. “We will not startg another Christian network,” Hill says.