Tag Archives: #underwriting

Mass Layoffs Averted; Now What?

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Berkeley – Ballots mailed for Pacifica’s 2016 board elections from the East Coast on August 15th. Pacifica in Exile’s candidate endorsements for all stations can be found here. You will find online voting instructions inside your printed ballot envelope. The voting period ends on September 30 at 11:59pm in your own time zone. If you donated, but don’t receive a ballot or for any ballot-related question at any station, you can contact King Reilly, a KPFK member who has graciously agreed to assist folks, at [email protected].

For more on our endorsed slates, see the Committee to Strengthen KPFKMove KPFT ForwardUnited for Community Radio (KPFA), and WBAI Indy Caucus websites. Continue reading Mass Layoffs Averted; Now What?

The Secret Underwriters

 

In a “special meeting on fundraising” by Pacifica’s national finance committee that is unlike any fundraising meeting you have ever heard before,  Siegel-Brazonite Adriana Casenave hurls accusations of secret underwriters and payroll slush funds at the financially-troubled radio network her faction has controlled since a March 2014 coup.

Perhaps the moral of the story is the better you know the board majority, the less you trust them.

No More Listener Supported Radio

 

In this action-packed snip from the 2-23 Pacifica national finance committee, WPFW’s general manager announces that his station is “on the precipice of major underwriting” and that WPFW has changed its motto from “listener-supported radio” to accommodate support from business organizations.

The upshot of the meeting appears to be a straw man confrontation engineered by the Siegel/Brazon board majority for either Pacifica to accept business underwriting after 67 years of eschewing it, or be driven into bankruptcy court with the assets parceled out to various board members.

In other news, CFO Agarwal says that he and volunteer ED Lydia Brazon have developed proposals in secret for alternate sources of funding besides listener support that have “legal ramifications”.

Agarwal also stated that the 2014 audit (after 17 months) was both “on-track” and “backlogged”, that there was no immediate prospect of CPB funding, and that Pacifica’s monthly income statements are neither reliable nor accurate.

In a funny exchange with nominal board chair Tony Norman, Agarwal complained that Norman’s station WPFW is not transparent with their financial info and refuses to allow him access to their bank account. Norman promised to get right on it if Agarwal would just cc: him the correspondence and Agarwal says that he has been cc:ing Norman all along and Norman is fully apprised.