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Business & Economics PUBLICATIONS Archive
Public Broadcasting?
Submitted by K. Lloyd Billingsley on 11.19.2003

Joan Kroc, the heir to the McDonalds fortune who died last month in San Diego, left $200 million to National Public Radio. The gift, reportedly the largest of its kind in American history, is nearly twice NPR's annual budget of $103 million. It provides the opportunity to ponder the concept of public broadcasting, a classic misnomer.

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