Industry News

Penn State to Shutter Non-Com WPSU-FM

According to a report at TribLive.com, Penn State will shut down its public radio station, WPSU-FM at the end of the 2025-26 academic year. The report says trustees voted against a proposal to transfer its operating assets to public radio WHYY-FM, Philadelphia. WPSU has depended on annual subsidies of atimg least $3.4 million from the university to operate the station. TribLive reports, “Penn State officials said they proposed transferring the operating assets of WPSU to WHYY and provide a $17 million subsidy structured to decrease over five years, to give WHYY an opportunity to help WPSU reach a financial break-even point and continue broadcasting across central Pennsylvania.” That proposal was not accepted by the trustees. See the TribLive story here.

Industry News

SiriusXM Shutting Down Stitcher Platform

SiriusXM announces that it is shutting down the Stitcher audio platform on August 29 as it moves to integrate podcasts into its SiriusXM subscription business. SiriusXM acquired Stitcher in 2020 for $325 million. Theim company says that it expects to continue podcast creation via the Stitcher Studios and Earwolf, but the availability of third party podcasts on the SiriusXM app will be determined by the creators/producers of those programs.