Submitted by Stephen Bingham (not verified) on February 22, 2008 - 12:30am.
Have lost access to CAB portion of WYPR's website but noticed some interesting information there earlier which I hope I can recall accurately. There was an interesting pie chart indicating where money came from but there wasn't a pie chart indicating where money went. Most legitimate non-profits provide both together. There was also additional information about the financing of the station purchase which I also found interesting. If that information is true, WYPR is Tony Brandon's radio station. The bank loan stipulated that he be president. As long as the guarantors are willing to keep making payments, the bank probably won't care but Brandon can't be replaced without violating the terms of the loan. The bank might be willing to allow a change but won't without the support of the guarantors. YPR has two choices. It can continue to ignore their former listeners and let the guarantors pay off the loan or it can try to get changes made that will bring listeners back. We former listeners can pressure the station for change now and hope for the best. If that doesn't work, we can try to go after the license. Tony Brandon and the guarantors probably don't want to lose the license but that could happen. I am wondering if anyone happens to know when the stations license is due for renewal.
Have lost access to CAB
Have lost access to CAB portion of WYPR's website but noticed some interesting information there earlier which I hope I can recall accurately. There was an interesting pie chart indicating where money came from but there wasn't a pie chart indicating where money went. Most legitimate non-profits provide both together. There was also additional information about the financing of the station purchase which I also found interesting. If that information is true, WYPR is Tony Brandon's radio station. The bank loan stipulated that he be president. As long as the guarantors are willing to keep making payments, the bank probably won't care but Brandon can't be replaced without violating the terms of the loan. The bank might be willing to allow a change but won't without the support of the guarantors. YPR has two choices. It can continue to ignore their former listeners and let the guarantors pay off the loan or it can try to get changes made that will bring listeners back. We former listeners can pressure the station for change now and hope for the best. If that doesn't work, we can try to go after the license. Tony Brandon and the guarantors probably don't want to lose the license but that could happen. I am wondering if anyone happens to know when the stations license is due for renewal.