Skip to comments.NPR braces for steep cuts amid economic lockdown
Posted on 04/17/2020 2:13:45 PM PDT by Drango
National Public Radio is planning significant cost cuts as the coronavirus pandemic hits sponsorship and donation revenue, the public broadcaster's chief executive, John Lansing, said in a memo to staff. NPR is facing a budget deficit of between $30 million and $45 million through its 2021 fiscal year, Mr. Lansing said in the Wednesday memo. Sponsorship money is drying up amid "a very tough marketplace," he wrote, and donations could also take a hit as foundations and individuals "will be thinking hard about gifts as they watch the swings in the values of their own portfolios." NPR will need to cut costs substantially, he wrote. The network's ~snip
(Excerpt) Read more at marketwatch.com ...
Uhhhh didn’t they just get a huge chunk of change in the last Bill?
Que the tiny violin.
“Even after NPR/PBS got $75 million.”
Who donated that?
Nancy donated for you on April 15th.
Learn to code.
“NPR is facing a budget deficit”
How do you like it NPR?.
Not a lot of fun having a big debt hanging
over your head is it?
DE-FUND NPR/PBS! GET RID OF USELESS SCUM!
Boo Freaking Hoo.
If we are fortunate it will result ina permanent shutdown.
Why President Trump allows their funding to continue is beyond me. They are an arm of an administrative department and subject to Presidential oversight (and removal).
They hate the USA but have been more than happy to accept our tax $.
“NPR will need to cut costs substantially, he wrote.”
Why not just spend your way out of your predicament? I thought that was the solution to everything?
And call the waaah-mbulance.
Good. Now take a crowbar and pry their lips off the taxpayers tit.
I hope they die slow painful economic deaths. I really don't want to see any future stimulus money go to media outlets.
The beast is always hungry and insists that it “needs” feeding!
I loved NPR as a kid in the early 90s. Classical music, and I loved Marketplace + Earth & Sky. Even “All Things Considered” had some nice stories. The whole thing was easy on the ears for lack of a better way of putting it.
Then I discovered Limbaugh back in 1992...
Public radio just isnt necessary anymore. Certainly not to be funded with any tax dollars.
Like many things in government, once it gets a budget, it’s devilishly difficult trying to cut it out.
For all practical purposes CPB = NPR/PBS
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