Word: npr
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EVEN AFTER the flurry of news stories over the past several months tracking the financial perils of the federally funded public radio network. NPR is hardly a household word. Yet the ranks of the uninitiated had been shrinking and, or most, to know NPR was it love...
...station added programs and personnel, costs swelled as well. By itself, this might not have posed a serious problem. Unfortunately, just as NPR was gearing up to take the airwaves by storm, a certain Californian was readying himself for a personal assault on the nation's capital and almost everything in it. In the midst of its expansion. NPR found its funding slashed, with deeper cuts planned for coming years...
Though tugged in two directions, the network did not tear at once. Then president Frank Mankiewicz announced an ambitious state of money making ventures to make the organization self-sufficient, vowing to enter any profession except the oldest one" to establish fiscal independence. But these projects required initial outlays NPR could ill afford as Dave Stockman and company were flailing away with budget axes...
...deficits (first estimated at 2 million now at 9.1 million), deposed Mankiewicz and other top management officials, and threw the network into eleventh-hour loan negotiations with the Corporation for Public Broadcasting to meet the payroll. While the past several months have shed light on the internal problems of NPR, they have also offered some telling commentary on the fate of a public enterprise in a commercial nation...
Drummond recommended that people should leave while they can. He himself is departing NPR today to teach radio journalism at the University of California