[email protected] said:The bill abolishes the New Jersey Public Broadcasting Authority and the New Jersey Network Foundation.
Only one problem, as the article continues:
The foundation, however, is a private non-profit corporation that is not subject to dissolution by the government.
Doug Eakeley, former chairman of the foundation, said the provision to dissolve the foundation comes from a misunderstanding.
It derives from a mistaken view that the foundation is somehow the child of the authority, and if you eliminate the authority you have to dissolve the foundation," Eakeley said. "I don’t think anyone has it in for the foundation. Everyone, including the union, appreciates the fact that you have a cross section of the business and civic communities that has for years supported the network. I don’t think you want to lose that resource."
So the Foundation will remain. Why not simply transfer ownership to the Foundation? That's what the City of New York did with WNYC. If that happened, at least ownership would remain in NJ!