‘Perfect storm’ of inflationary pressures and a lack of government support is taking its toll on one of Canada’s oldest radio stations
by Michael Rodriguez
April 18, 2024
Just more than three years shy of its 100th anniversary, Alberta’s only provincewide, donor-funded community radio station is at risk of going dark — and it’s turning to its listeners for help ensuring its future.
CKUA Radio, one of Canada’s oldest radio stations and its first public broadcaster, says the threat is not caused by a lack of success. The station has seen audience growth of more than 10 per cent in the past five years, and steady revenue from fundraising and advertising, bucking many industry trends.
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They fell for a potentially fatal error by going into real estate instead of sticking with broadcasting – they overbuilt a dedicated space and became landlords. Their home is draining their resources without long term tenants and are passing the hat to stay afloat.