ORU 52.5 million in debt, considers selling TV station

11 1 2007

We first heard about the latest number for ORU’s ongoing financial woes last week.

Now ORU is considering the sale of channel 53 in order to help alleviate the debt.  We wonder what took so long, but this is a welcome change.  It’s probably cheaper to buy local airtime than to keep up with the costs of running a TV station.  Unfortunately, this may mean the loss of some KGEB/ORTV jobs.  We know some good people over there.

Read the article here.


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