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Jun 27, 2008

Signs point to financial crisis at Pacifica

Pacifica’s KPFT-FM in Houston has taken several steps to respond to what are being called “potentially crippling financial situations” throughout the network. KPFT’s board recently passed resolutions asking the Pacifica National Board to discontinue its in-person meetings as a cost-saving measure. The station board also asked Pacifica to allow “ethical sponsorships and underwriting” to boost station income. Pacifica does not now accept underwriting, relying on on-air fund drives for support. In a report to KPFT’s Board June 18, Duane Bradley, g.m., said, “It is the sense of the paid staff that the greatest threats to the network are the huge costs related to elections, national board meetings and lawsuits.” Meanwhile, Free Speech Radio News reports that Pacifica has cut its funding to the progressive news show.

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