UPDATE: NewsHour's Financial Woes
Continuing the New York Times trend today of covering well-worn topics, the paper discusses what FishbowlDC first told you a while back: That PBS’ “NewsHour” is having financial difficulties.
Writes Elizabeth Jensen:
On May 1, salaries were frozen at the newscast, and company contributions to 401(k) retirement funds were suspended, cutbacks suggested by the staff. “NewsHour” still has two corporate sponsors — Chevron and the Pacific Life Insurance Company — and it receives support from PBS and the Corporation for Public Broadcasting.
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