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Ocean Shores board debates underwriting rates and fundraising to help station budget
Summary
Board members discussed underwriting revenue, how underwriter money is handled between North Beach Independent Media and the city, and asked for a clearer schedule and accounting of underwriting spots.
Board members and station volunteers spent part of the meeting reviewing underwriting practices, how underwriting revenue is tracked and allocated, and whether the station can increase rates and net revenue to reduce reliance on city budget allocations.
Why it matters: The city-owned radio station relies on a mix of city budget allocations and underwriting revenue sold by North Beach Independent Media (the station’s nonprofit partner). Board members said clearer accounting and a schedule of when underwriting spots run will help measure how much money flows to the station and how much is retained…
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