Jun 10, 2011

WMFE-TV says its "cash reserves are limited" and delay in sale "would be devastating"

Orlando's WMFE-TV this week said in comments to the Federal Communications Commission that a delay in its sale to religious broadcaster Daystar "would be devastating," and that its “cash reserves are limited and most have already been consumed" to keep the pubTV station running over the past few months, reports the Orlando Sentinel. The FCC has received 525 objections to the impending sale. Read WMFE-TV's "Opposition to Informal Objections" here (PDF).

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