Board Of WBEZ Radio Parent Chicago Public Media Votes To Acquire Sun-Times – CBS2 (Chicago)

WBEZ reported that the merger would mean the Sun-Times would become a not-for-profit subsidiary of Chicago Public Media – as WBEZ already is. The Sun-Times would get a nonprofit board of its own, and the Sun-Times and WBEZ newsrooms would maintain their own editorial independence and maintain their respective newsrooms.
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nixit
4 years ago

Some people claim public media outlets like WBEZ and NPR get very minimal funding from taxpayers. But these outlets get most of their revenue from grants given by other non-profits, using money given to them by donors, who deduct those contributions rom their taxable income, who in turn pay less taxes, meaning all the other taxpayers pick up the slack. In other words, you could say these NFP outlets are entirely funded by taxpayers.

Last edited 4 years ago by nixit
Fed Up Taxpayer
4 years ago

It doesn’t seem like it should have non profit status. Can you imagine the outrage for a Trump nonprofit newspaper?

The Paraclete
4 years ago

Your melenzana station!

HeywoodJaBlome
4 years ago

LOL, if anybody thought the Sun Times was a train wreck before just wait and see what happens now. LOL!

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