WPSU to Close, Board Votes Against Proposed Transfer
7 Articles
7 Articles
WPSU to close, board votes against proposed transfer
UNIVERSITY PARK, Pa. (WTAJ) — WPSU, a Central Pennsylvania public radio station, will be winding down its operations following a vote from the Penn State Board of Trustees Finance and Investment Committee. On Sept. 11, the committee voted against a proposed transaction that would see the transfer of WPSU public radio and television stations to WHYY (a public media organization based in Philadelphia). The proposal would have seen the University s…
WPSU To Shut Down, Board Of Trustees Committee Votes Against Transfer Of Assets
Central Pennsylvania radio station WPSU, an NPR member, will conduct a wind-down plan and shut down by the end of June 2026 following a committee vote on Thursday. WPSU proposed a transfer of its assets to Philadelphia-based public media organization WHYY with a $17 million subsidy over five years. The Penn State Board of Trustees Finance and Investment Committee voted against it. “This was an incredibly difficult decision for trustees, as WPSU …
Penn State To Shut Down WPSU
Penn State University plans to shut down its NPR and PBS-affiliated public broadcasting station, WPSU, by June of next year, after the university’s Board of Trustees rejected a proposal to transfer ownership to WHYY in Philadelphia. The proposed deal, which included a $17 million subsidy from Penn State over five years, was unanimously rejected by the board’s Finance and Investment Committee yesterday, due to concerns about financial feasibilit…
Penn State University Rejects WPSU Transfer; To Wind Down Operations
Penn State University’s Board of Trustees Finance and Investment Committee voted today to wind down operations of Public News/Talk/Classical 91.5 WPSU-FM State College PA and PBS affiliate WPSU-TV by June 30, 2026 after rejecting a proposal to subsidize a transfer of the licenses to WHYY Philadelphia. The WHYY proposal would have seen the University subsidize the transfer with $17 million over five years to give WHYY an opportunity to help WPSU …
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