“They” say you are not really dead as long as someone remembers you. Harold Camping may have died this week.
You might remember him as the head of Family Radio, the numerologist who predicted that the rapture was going to happen on May 21st, 2011. He indebted his organization buying billboards since there was no reason to worry about May 22nd, 2011. He backpeddled as this was the second time he had predicted the end times with certainty. He had a stroke and his body died in 2013.
The organization he left behind has been rudderless. They sold some licenses and finally pulled the reruns of Mr Camping’s rants and replaced him with a guy who insists the world is only 8,000 years old.
The organization is moving from Oakland California to Nashville, TN and plans to unload stations that are losing money.
Since there is no original programming on the non-profit owned stations and no studio to maintain and no office staff to pay, how is it possible to lose money?
What is the revenue and is it enough to pay for leasing transmitter, paying for the associated property taxes and electricity?