KPFA, Pacifica, sell building?

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http://www.dailycal.org/2015/11/16/berkeley-based-radio-station-network-strategizes-financial-solutions-threat-default/

MONDAY, NOVEMBER 16, 2015

Berkeley-based radio station network strategizes financial solutions in threat of default

 BY | STAFF

A strategic planning working group — formed by the Pacifica Foundation Radio National Board of Directors, which oversees a network of nonprofit radio stations headquartered in Berkeley — held a planning meeting Thursday to try to keep its business alive.

At the meeting, the board’s leaders discussed the financial struggles ailing the company and potential contingency plans in case of short-term default. Jose Luis Fuentes-Roman, a member of the Pacifica National Board, or PNB, mentioned the selling of the Berkeley office — which serves as the national office — and financial swaps of broadcasting rights as possible ways to raise money in the face of mounting debt. …
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