Funding boost moves WTVP closer to survival

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WTVP in Peoria, Ill., is $1.5 million closer to staying in business, reports the (Bloomington) Pantagraph. Several major donors contributed the sum, bringing the station’s outstanding debt to $500,000. As Current has reported, WTVP hit financial trouble after borrowing to build new facilities and failing to reach the fundraising levels agreed on by its creditors.