GMCR In the Media

“We’ve only just begun…”

We consider this first mention of GMCR to be auspicious as it occurred in the context of a forum to address a number of economic, environmental, public safety, sustainable development, and yes, media issues by a broad cross section of of citizens and activists reflecting the diversity and creativity of Grant County.

Thanks to John Fridinger for wading in here.

From the Silver City Daily Press on 12 October 2005…

John Fridinger is a member of a committee planning to form a community radio station.

“We’ve been learning the particulars of community radio and the bylaws needed.”  Fridinger said.”Other stations around the country have given us information and helped us learn how to support a non-profit station.  We will have to buy an existing FM station .  We need member and underwriter support and grants for initial funding.

The committee is seeking two revenue sources – one to buy the station and a second to fund ongoing operations.

We’re 15% on the way with our funding.”  Fridinger said.  “We will have investors who are willing to give chunks of money.  We have to buy a licenseand that will increase in value over time.  We expect a good return on investment and investors can expect payback within five to seven years.”