NPR loses $20 Million in corporate sponsorships…

NPR loses $20 Million in corporate sponsorships…

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NPR expects a $20 million shortfall in sponsorships this fiscal year. It plans to freeze hiring, among other things to reduce expenses. Stephen Voss/Stephen Voss hide caption toggle caption Stephen Voss/Stephen Voss NPR expects a $20 million shortfall in sponsorships this fiscal year. It plans to freeze hiring, among other things to reduce expenses. Stephen Voss/Stephen Voss NPR will need to cut at least $10 million from the current fiscal year ending next Sept. 30, the network's chief executive, John Lansing, announced Wednesday, due to a sharp drop in revenue from sponsors. Lansing told staffers in a memo that he...
Source: https://www.npr.org/2022/11/30/1139888190/npr-budget-shortfall-20-million