1 of 1- BowmanvilleBob
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Some news from out West…
The feds are making a one-time investment in Alberta’s listener-supported station, CKUA:
- torontostan
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Re: Some news from out West…
Ten million dollars for a community station is absolutely overkill and a waste of taxpayer dollars
- 67GreenRambler
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Re: Some news from out West…
A 10 million 900 thousand dollar securitization for next years election.
CIUT will never get this kind of attention though, the docile bootlicking locals are already in possession.
Holger Peterson is in his 57th year at this station, which is very admirable.
- Skywave
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Re: Some news from out West…
The root of their problem was getting into the real estate business by purchasing the Alberta Hotel, the rebuilding of which was unfinished, and taking out a $6 million dollar loan to finish off the project. Then the main tenant went bankrupt.
Whatever possessed them to have such delusions of grandeur that they would go this route instead of leasing? The gory details are here:
Address-To-The-Community-CKUA-April-2024-FAQ.pdf
The telling lines are "We can't afford to sell. We can't afford to stay".
Gross mismanagement, and most of the government gift will go towards paying off the ill-advised mortgage. They had no business getting into the real estate business.
- Chrisphen
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Re: Some news from out West…
It is a reasonable, though cynical, hedge concerning the current pigfucker regime in that province.
- andysradio
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Re: Some news from out West…
In more news from out west......Fairchild Radio has received permission to close 1470 CJVB in Vancouver BC [50kW]. Much of the Chinese programming that airs now on 1470 will be moved to their FM station CHKG-FM 96.1. CJVB will be closed within 60 days of the decision and the license itself will be revoked on March 5th.