Schiller: NPR 'Had A Rough Year'
October 9, 2009 at 4:24 AM (PT)
NPR Pres./CEO VIVIAN SCHILLER told the SACRAMENTO BEE that the network "had a rough year, like everybody" and is not likely to rebound to break-even for at least another year. SCHILLER, in SACRAMENTO for a visit to CAPITAL PUBLIC RADIO, said that "things have stabilized" and NPR is "on a trajectory to a balanced budget" for the fiscal year that starts next OCTOBER.
According to an NPR spokesperson, the network lost about $13 million in the just-concluded fiscal year, with a loss of around $8.5 million projected for the coming fiscal year.
On a brighter note, CAPITAL PUBLIC RADIO's Pres.GM RICK EYTCHESON told the BEE that revenue is up 17% since the current fiscal year began in JULY after the previous fiscal year saw total revenue fall 8% and corporate sponsorships off 18%.