THE PROJO STRIKES AGAIN. The Providence Journal's David McPherson has another exclusive today on the mess at WBUR Radio (90.9 FM). McPherson got a look at the records that WBUR has to file with the Corporation for Public Broadcasting and found that 'BUR ran up a deficit of $4.7 million between fiscal years 1999 and 2003.
Combined with the $9.4 million deficit over the same period by the 'BUR-owned WRNI Radio (AM 1290), in Providence, that's a total of $14.1 million. The Boston University-owned WBUR is planning to sell WRNI and a sister station, although Rhode Island attorney general Patrick Lynch and community activists want the sale put on hold.
There's also a useful disclosure in McPherson's piece: "The Providence Journal Charitable Foundation has been a major supporter of the WRNI Foundation, contributing $300,000 from 2000 to 2002."
As Deepthroat said during Watergate, "follow the money." Dan. Keep on it Dan! Thanks.
Post a Comment