Posted inMedia

WBUR, once flush, is warning of tight times ahead

We’ve seen a dramatic loss of sponsorship support. In the digital age, almost all that money now goes to the big platforms — like Facebook, Google, Amazon and Spotify. This is bad news for the news business and has created big gaps that can’t easily be filled. In the last five years, our annual on-air sponsorship income (underwriting) has dropped by more than 40 percent — nearly $7 million.

Posted inEnergy

Offshore wind power prices take big leap

A press release issued by New York Gov. Kathy Hochul indicated the average cost of the two contracts in New York is $150.15 per megawatt hour. The press release said the price “is on-par with the latest market prices,” but it’s a sticker-shock leap from the $76.73-per-megawatt-hour price that Massachusetts negotiated with Avangrid in March 2023.

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