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.
