WNET eyes capital campaign to finance its expansion

With the election of financier James Tisch as chairman of Educational Broadcasting Corporation — and Paula Kerger’s recent departure as executive v.p. of its flagship New York station — the pubTV licensee with a $100 million endowment is contemplating another major capital campaign, reports the New York Times. “In order for us to be what we need to be, we’ve got to have at least twice what we have in endowment,” says WNET President Bill Baker.