Foundations Won't Renew Option On WDUQ
June 9, 2010 at 4:31 AM (PT)
The four local nonprofit groups that hold a 60 day option to buy DUSQUENE UNIVERSITY's noncommercial Jazz-News-Talk WDUQ/PITTSBURGH will let the option expire on JULY 2nd and will not pursue a deal further, reports the PITTSBURGH POST-GAZETTE's ADRIAN MCCOY and MARYLYNNE PITZ.
The group, including the PITTSBURGH FOUNDATION, the HEINZ ENDOWMENTS, the RICHARD KING MELLON FOUNDATION, and an anonymous foundation, took the option in order to keep the station from being sold to a higher bidder; an initial bid from PITTSBURGH PUBLIC MEDIA was rejected by DUSQUENE and a second has been tabled while the option remains in effect.
"We're pulling out of the option, but we're not giving up our interest and support for a quality public radio station that delivers the NPR programming and what we would hope would be enhanced news and information that the community could really respond to," said HEINZ ENDOWMENTS spokesman DOUG ROOT.