University licensee trims Arizona Public Media by $2M over five years
Arizona Public Media will lose $2 million in support from its university licensee over the next five years starting July 1. Over that time, the University of Arizona’s annual cash contribution to AZPM will fall 4 percent a year, from $2.6 million to $600,000. University leadership “is working with us to identify sources of new revenue,” General Manager Jack Gibson told Current. The university has weathered nearly $200 million in cuts since 2007 due to reduced state appropriations. Administrators “have turned up the heat wherever they could to recover working capital,” Gibson said.