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40°
Wednesday, dec 4
Tag:
Jeff Simmons
Business
Iconic Area Radio Station Suddenly Shuts Down After 59-Year Run
An iconic New York radio station unexpectedly shuttered its doors and is off the air. WBAI FM 99.5, which has been on the air since 1955, announced suddenly this week that due to “ongoing and continued projections of further financial losses,” according to its California-based nonprofit parent, Pacifica Foundation. Claiming “the program change was necessitated by the serious and persistent financial losses at WBAI,” the Pacifica Foundation was forced to lay off the staff of its Brooklyn-based station. “This is a painful moment for us, especially the WBAI staff and volunteers who have done …