PBS To Cut Budget By 21% Following Public Media’s Loss Of Federal Funding
PBS To Cut Budget By 21% Following Public Media’s Loss Of Federal Funding
deadline.com
PBS To Cut Budget By 21% Following Public Media’s Loss Of Federal Funding
15 comments
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PBS helped raise me. Sesame Street is the chief architect of my moral compass.
Now I’m going to watch it die.
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You do know Sesame Street is it's own thing (Sesame Workshop).
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They said Federal Funding made up less than 5% of their funding though? 🤔
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Their website says 15%. I think you might be thinking about NPR.
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I was!
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But now they don't have a locked-in source of income anymore. In a bad fundraising year, they used to be able to lean on that cushion of guaranteed funding to help pay loans, fees, employees, etc. They no longer have that guarantee, so now they'll need to plan for bad fundraising years by reducing spending by more than what they lost. There's not some conspiracy, they're just trying to keep PBS around.
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If I had the spare money, I'd buy all of Nova on DVD/BD/ETC. I do not want that becoming potentially lost media.
15 comments
Glad they spent the last few decades "being fair to both sides" just to end up like this.
Seems like a good reason to be 21% less fair to one side