it will put KCSM, its venerable public television station, on the sales block. The Mercury News quotes college officials as saying the station could fetch $5 million. Whoever ends up bidding on it, it isn’t apt to be a happy scene among those who see the station, founded in 1964, as a rich part of the college district’s legacy.Add: The station has been a money drain for years, but things were looking better. It had cut its losses from $1.5 million to $800,000 in the last fiscal year. But in an era of tight budgets, the district says it can no longer justify the expense.
Noted: Not on the chopping block, KCSM 91.1 FM, which is in the black (barely). That’s welcome news for fans of the radio station’s 24-hour jazz format.
