Due to years of mismanagement and the role of sectarian splinter groups and self-interested actors, the Pacifica Foundation finds itself on the precipice of either bankruptcy or dissolution. This is not an exaggeration nor fantasy. Let’s look at the facts. Two out of the five stations in the network are unable to generate sufficient revenue to pay their staffs and overhead expenses. The only exceptions are KPFA in Berkeley, KPFT in Houston, and WPFW in DC. Pacifica now has two multi-million dollar loans, totaling over $5 million as well, and over 1.5 million dollars in vendor payments that they literally don’t have the money to pay back. How did this come about? Read more about the key facts here.
Increasingly, Pacifica turns to fringe conspiracy theories, hate speech, snake oil and infomercials to raise money. Some of the programming not only betrays the Pacifica mission but makes any person of intelligence, conscience and decency cringe. They have turned away listeners and donors to a once crucial progressive radio network. Read more about this here and please watch the video below: