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Pacifica Releases Financial Statement Showing KPFK With $182K Surplus At July 31

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Pacifica released a preliminary income statement for the 10 month period from October 1, 2014 to July 31, 2015.

The income statement, presuming the network’s famously bad accounting records can be relied on, shows the station’s Los Angeles unit KPFK-FM, which just placed every employee on half-time and laid off three due to a “dire financial crisis,” with an operating surplus of $182,000 for the year and the largest amount of listener support in the network, over $800,000 more than the nearest competing division, Berkeley’s KPFA.

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SAG-AFTRA: KPFK Staff Reductions Never Negotiated With Union

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The bargaining unit for KPFK’s SAG-AFTRA (Screen Actors Guild / American Federation of Radio and Television Artists) affiliated employees notifies members that the schedule reductions and layoffs announced by GM Radford on Monday at a staff meeting and later that evening on the radio station during a Report to the Listener, were not negotiated with nor agreed to by the labor union that represents the workers.

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