From Newsgroup: rec.arts.tv

Ex-CEO of Chicago Public Media saw $900,000 payout in 2024, IRS filings show Compensation for Matt Moog rose as the company slashed jobs at the
Chicago Sun-Times and at WBEZ.
By David Roeder
Chicago Sun-Times
Dec 30, 2025, 7:53pm CST https://chicago.suntimes.com/work/2025/12/30/ex-ceo-chicago-public-media-matt-moog-900000-payout-2024-irs

Chicago Sun-Times merged into WBEZ-FM 91.5 in 2022 as pushed by Moog,
who overpromised revenue from the newspaper audience at that the radio
station would benefit from the much larger audience the newspaper still
had. The newspaper has been a financial basket case since the massive embezzlement and fraud committed by Conrad Black, the evil Canadian.

Newspaper revenues fell steadily and so did radio revenues, but this was supported by Chicago's major foundations ignoring the obvious hand
waiving in revenue estimates.

Meanwhile there have been several rounds of layoffs and buyouts of
reporters and editorial and broadcast staff, and one can't help but
wonder if some of it was directly linked to Moog's excessive
compensation.

I thought the newspaper reporter who wrote this had retired or took a
buyout but they seem to have brought him back to report this story.

WBEZ's license was held by Chicago of Education between 1943 and 1990,
when the license was transferred to an independent nonprofit. I was at
the studio once during those days, with hand-me down equipment in the
attic of the Chicago Board of Trade, which was once where its
transmitter was. I think they moved to Hancock for a superior signal.

The current studio is at Navy Pier, a major tourist attraction, for no
business reason I've ever understood.
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