Category Archives: Pacifica in Exile Newsletters

Dollars And Cents

Berkeley – When making decisions about how to go forward, we believe it is always helpful to look at the actual numbers. The adage “follow the money” applies to well, just about everything. Pacifica has released a draft profit and loss statement for the last fiscal year that ended on September 30, 2017. (Finally).

We need to disclose that it is a “draft” financial statement, so the numbers are not finalized, but at 95 days after the end of the fiscal year, most financial transactions should have been recorded in the books by now.

It is important that members have access to the financial statements, so we are making them available to you here. Continue reading Dollars And Cents

What The Dickens Is Going On?

Berkeley – (Editors note: After more than three and a half years of regular weekly bulletins, Pacifica in Exile did not come out for the last eight weeks. The primary reason for that has been to avoid providing surplus information to Pacifica’s main creditor, the Empire State Realty Trust, that could hamper negotiations. At this point, however, we believe the member’s right to know has to be the priority, and since various members of the Pacifica community have been putting out information of varying levels of accuracy for some time now, we decided the time was right).

When we last left off publication, Pacifica had been hit with a $1.8 million summary judgment from the Empire State Realty Trust for back rent from 2013 to 2017, The rent is for WBAI-FM’s transmitter which broadcasts from the iconic NY skyscraper. A 15-year lease had been signed in 2005 by very temporary IED Ambrose Lane, a WPFW broadcaster who presided briefly between Dan Coughlin and Dan Siegel. The lease was signed under somewhat mysterious circumstances in that members of the 2005 board of directors have not confirmed that they saw it or reviewed it prior to signing. The lease took full advantage of the skyscraper deficit in New York City after the collapse of the World Trade Center in 2001, hiking the rent abundantly every year for a decade and a half until 2020, where it topped out at more than 3/4 of a million dollars a year, a prohibitive amount for any community radio station.  Continue reading What The Dickens Is Going On?

An Open Letter To The Pacifica Community

by Tracy Rosenberg

An Open Letter to the Pacifica Community

Since word has leaked out of some shall-we-say disagreements about the national board’s course of action, I’m going to take a moment to go over some of this. There is some obfuscation going on, in traditional Pacifica style, and at this point in time, the less of that the better. There are also some assertions being made that, at a minimum, need some back-up before being taken at face value. For ease of reading, I’m going to divide this into three broad sections, although some of the discussion will cross categories because the issues are inter-related. In broad strokes, the topics are a) Bankruptcy i.e. Chapter 11 Reorganization b) Summary Judgment and c) Swap/Sale of License
Continue reading An Open Letter To The Pacifica Community

After The Shoe Dropped

Berkeley – To no one’s real surprise, a NY court ruled on October 4 that the Pacifica Foundation owed $1.8 million dollars plus attorney’s fees to the Empire State Realty Trust, the multimillion dollar real estate firm that owns the Empire State Building, where Pacifica has lodged WBAI-FM’s antenna since 1966. A 15-year contract signed in 2005, after the collapse of the World Trade Center, made antenna space in NYC a hot commodity, and featured soaring prices and a 9% annual escalation, which left the price of the rental by 2015 at more than 4 times the market value and in excess of $500,000 a year, a vast amount for a listener-sponsored radio station.

Continue reading After The Shoe Dropped

Current For The First Time In A While

Berkeley – Clean-up work continues as the recovery of the network from the 2014 Siegel/Brazon coup enters its 7th month.

Financial statements through June 30, 2017 are available here. For the first time in recent history, the Pacifica Foundation is listed as “Current” status (rather then Delinquent status) at the California Attorney General’s Registry of Charitable Trusts, after the fiscal year 2015 audit was completed prior to the deadline. The audit  report, which is also available on the www.pacifica.org website, can be downloaded here. Continue reading Current For The First Time In A While

Pacifica 2015 Audit Completed

Berkeley – The Pacifica Foundation, which got into serious trouble with the State of California’s Registry of Charitable Trusts for delinquent audits and forfeited millions of dollars in Corporation for Public Broadcasting funding, has completed their 2015 audit in record time and before a deadline set by the state’s Attorney General.  Continue reading Pacifica 2015 Audit Completed

The Empire Strikes Back Delayed

Berkeley – Pacifica’s ticking bomb, the 15-year incredibly expensive WBAI transmitter lease at the Empire State Building, has been the center of attention, since the owners of the iconic NY skyscraper reneged on the supposed deal announced by then-IED Margy Wilkinson in December of 2014 to reduce monthly rent from $50,000/month rate to $12,000/mo and sued Pacifica for the balance of the unpaid rent for the 2014-2016 period. The deal, much to the distress of the then-PNB minority was described as “verbal”, and if it existed at all, has no legal enforceability in court. Due to traditionally bad Pacifica negotiating, this time by then-interim ED Ambrose Lane in 2005, Pacifica is locked into the lease until 2020, which was never economical, goes up by 9% per year and is currently set at 4 times the current market price for radio antenna/transmitter space in Manhattan.  Continue reading The Empire Strikes Back Delayed

Today In Revisionist History

Berkeley-The Pacifica National Board met twice in the month of May, on May 11 and May 25. The meetings featured slow but steady progress intermixed with a not inconsiderable amount of disruption from the remnants of the Siegel/Brazon faction, who no longer hold a majority on the national board. Most of the board’s open sessions are point-of-order-athons, making them a frustrating listening experience for the network’s worried members. The independent board majority uses the Maestro Conference service, a popular conference call service, in order to maximize the efficiency of the meetings, but has used the service’s features sparingly and only after numerous warnings. Continue reading Today In Revisionist History

A Tent Too Small

Berkeley-On April 14, Pacifica Foundation interim executive director Bill Crosier released a copy of a document forwarded to him. The document, which had been sent to several celebrities by KPFA local board chair (and Save KPFA-affiliated Siegel/Brazonite) Carole Travis, consisted of a recruitment pitch to join the board of a new nonprofit organization “Big Tent Radio”. According to the document, Big Tent had been formed to recover the assets of the Pacifica Foundation, which include several pieces of real estate in California and Texas, five radio broadcasting licenses, an audio archive and a 220 station affiliate network. The recruitment blurb, which was forwarded by at least two confused recipients, attempted to incite the celebrities with “no time demands” and “no money demands”, and an assurance the network’s debts could be settled by collateralizing Pacifica‘s Berkeley real estate properties. The recruitment blurb said “Big Tent Radio” would make an offer to receive all of Pacifica‘s assets. Travis used the title of “Chair of the KPFA local station board” in her recruitment effort.  Continue reading A Tent Too Small

The Unmuted

Berkeley-Pacifica’s national board, which met a whopping four times in the month of March, spent most of its open sessions suspended in the twilight zone, although some mild improvement was noticeable by the end of March. In a month that began for Pacifica with a smashingly successful one-day national fundraiser and ended with the timely submission of a stabilization plan to California’s Registry of Charitable Trusts, the board meetings were wildly out of touch, mostly focusing on the 2014-2016 Siegel/Brazon majority’s difficulties in adjusting to their current minority postion.

Since there is much good news to share, we don’t want to harp solely on board meeting disruptions. Pacifica members should review the stabilization plan submitted to the California Attorney General on March 30 and can read it here. As an addendum to the document, which focuses on returning to financial sustainability, reform of governance, and improving managerial performance; the following can be reported about Pacifica’s current status: Continue reading The Unmuted