Chairman defends station's community value
Manx Radio has announced an annual loss of almost £65,000.
Its commercial turnover for the last financial year dropped by more than £200,000, from over £1.5million to around £1.3million, whilst the public service subvention has risen.
That stipend will rise to £995,000 for the financial year ending 31 March 2021, as approved by a Tynwald committee in October last year, having previously stood at just under £900,000.
You can view the annual report in full here.
Chairman Bill Mummery says it still represents value, when compared to its commercial competitors:
Deputy News Editor Ewan Gawne asked Mr Mummery what he would say to members of the public who are angry about the figures:
You can hear that full interview below, where Mr Mummery explained what he puts the loss down to:
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