WLIU is looking for a new home after the successful bid by a community group to purchase the station from Long Island University. They also finished their first fund drive as a community based station. The $90,000 they raised isn't anywhere near the $2.4 million needed to pay Long Island University. But, by far, it's the most they've ever raised during an on-air appeal.
There's more information about the station at 27 East News.
Showing posts with label Wally Smith. Show all posts
Showing posts with label Wally Smith. Show all posts
Wednesday, November 18, 2009
Tuesday, September 22, 2009
Bids For WLIU Due This Week.
Long Island University is taking bids Wednesday for their radio station WLIU. There's a local group in the running to make a successful bid. The unknown factor is that there might be a religious broadcaster with deep pockets that might outbid Peconic Public Broadcasting.
Robert Altholz, Long Island University's treasurer and vice president for finance, told the AP he has a fiduciary responsibility to accept the highest bid. Those trying to save WLIU as a local public radio station are hoping community goodwill will also be a factor. LIU says it is spending $1million a year on the station. They say they can no longer afford to do that.
Read the rest Frank Eltman's article from the AP.
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