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CPTV milked their cash cow as long as they could, and now the chickens have come home to roost (how's that for mixing a metaphor!) At least they aren't in the same boat as the stillborn KCET in Los Angeles, which in a KRON-style delusion thought it could make it as an independent. CPTV will have to downsize, but losing UCONN Women's Basketball isn't a death sentence.
So basically what this tells me is that CPTV was living above their means with the revenue that basketball brought in. Funny how every other PBS station in the nation can survive but now all of a sudden CPTV is having financial issues. Hard to feel sorry for them...
Does that sentence even make sense? When you have more income, you have more means. When the income changes, your means change. By your logic, anyone living anywhere besides a cardboard box in the street is living above their means, because at any moment their income might go away.
Funny how every other PBS station in the nation can survive but now all of a sudden CPTV is having financial issues. Hard to feel sorry for them...
Does that sentence even make sense? When you have more income, you have more means. When the income changes, your means change. By your logic, anyone living anywhere besides a cardboard box in the street is living above their means, because at any moment their income might go away.
My point is, CPTV was at least somewhat successful before basketball came along. So then when they started carrying basketball, any additional revenue that basketball brought in was basically an added bonus. So where did all that additional income go? Now basketball is gone and they have no money left? If properly managed, CPTV should be right back where it was in the past with the pre-basketball income stream. You're sentence suggests that all of their income has gone away, which it has not.
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