Where do you come up with "the fact that...?"
They're NOT looking to sell WBAI. That has not been proposed. The proposal to sell the Pacifica building came up in one article, but the building has not been put on the market.
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Where do you come up with "the fact that...?"
They're NOT looking to sell WBAI. That has not been proposed. The proposal to sell the Pacifica building came up in one article, but the building has not been put on the market.
Thank you, David. I do love the English language. Sometimes, you're not sure which side of the prepositional phrase your toast is buttered on.
LOL. And the Internet, as we know, nullifies tone and intonation.
The latest report from WBAI's Treasurer states that the station's license renewal application with the FCC has been "stalled." A check of the FCC database indicates the application was filed over 2 years ago. As station license renewals are normally promptly approved, does anyone know what is causing the delay?
Since WBAI's license renewal is being held up, would that prevent a sale of the station, or possibly significantly reduce its value to a potential buyer?
Treasurer's Report: http://www.mediafire.com/download/85kpbftn1b8cclg/WBAI_Treasurer's_Report_April_13,_2016.pdf
Since WBAI's license renewal is being held up, would that prevent a sale of the station, or possibly significantly reduce its value to a potential buyer?
Treasurer's Report: http://www.mediafire.com/download/85kpbftn1b8cclg/WBAI_Treasurer's_Report_April_13,_2016.pdf
YES. The FCC will not approve a license transfer during a license renewal if for any reason the license renewal is pending. Once the license renewal has been approved, the licensee is free to voluntarily transfer the station license. In the meantime, a station may continue normal operations with an expired license if the license renewal application was filed prior to license expiration.
As far as I know, there is a pending employee lawsuit and a state investigation going on, so it's possible the FCC wants to wait until those two things are settled.
What a mess. WBAI's financial situation is going from bad to worse, and it cannot even be sold, for an indefinite period of time.
Furthermore, they probably cannot apply to change their license from nonprofit to commercial, till the license renewal issues are settled. So owner Pacifica most likely cannot even arrange an LMA with a commercial broadcaster that may be interested in leasing it.
Furthermore, they probably cannot apply to change their license from nonprofit to commercial, till the license renewal issues are settled. So owner Pacifica most likely cannot even arrange an LMA with a commercial broadcaster that may be interested in leasing it.
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Assuming that's what they'd want to do. Which isn't a realistic assumption, given their history.
Oh, Gawd, yeah. If they signed an LMA with a commercial operator to run Rhythmic Oldies or something they'd
have more employee sit-ins and occupations.
Democracy ain't pretty.
Even if Pacifica wanted to keep operating WBAI, would they be able to if it pushes them into insolvency?
Yes. They are not a business.
Take heart amid the deepening gloom that your dog is finally getting enough cheese.
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