Sep 28, 2011
Documents reveal financial struggles for Michigan State's WKAR
In recent years, Michigan State University has provided an average annual subsidy of $3.5 million for WKAR-TV and radio — about one-third of its budget, according to financial statements obtained through a Freedom of Information Act request by the the State Journal in Lansing, Mich. Neither Gary Reid, director of broadcasting, nor Pamela Whitten, college dean, could say what future MSU funding levels will be for WKAR, the paper said. Last month WKAR laid off 10 employees. The pubTV and radio station had combined operating shortfalls of $411,158 in fiscal year 2008, $929,237 in 2009 and $634,991 in 2010, according to financial documents.
Posted by Dru at 11:29 AM