radioskeptic said:If the Times does, in fact, plan to sell WQXR, who would buy it?
Greater Media? They probably still have money left over from selling Boston and Philadelphia area cable TV systems about ten years ago. They must have got close to $9 million from those sales, and that was probably what kept them going when they were losing money for years on the heritage classical stations they flipped in Philly and Detroit back in 1997. I heard they were barely billing enough to cover their increased operating expenses (for talent and promotion, especially TV), much less to service the debt on those stations (a fate I sincerely wish for any outfit with the temerity to flip WQXR!) -- though nobody knows for sure, because, as a privately held corporation, they don’t have to make any financial information public.
Did you mean $9 billion? Because $9 million probably isn't enough to buy more than a peashooter AM in the NYC area, if that.
So who would buy it?
Perhaps some sort of non-profit foundation, similar to the "WNYC Foundation" which purchased 93.9 from the city and preserved the format?