Today I would like to share with you an announcement about our proposal to occupy and operate the Senator Theatre. It comes from Towson University's Vice President of Finance and Administration, James Sheehan:
"As many of you know, WTMD and Towson University responded to the Baltimore Development Corporation’s call for proposals to acquire and restore the Historic Senator Theatre in Belvedere Square.
Due to the continuing economic pressures faced by the State of Maryland and thus Towson, we have determined that it is best not to take on this complex new venture. With the added uncertainty of the economic climate that we will face the remainder of this year, we must concentrate on the needs of our students at this time.
We were pleased to be considered among the BDC's finalists and are bolstered by the outpouring of support from the community and the WTMD listeners. The enthusiasm for WTMD's proposal only reinforced what we have always known; WTMD radio is a treasured and valuable asset. We appreciate your continued support as we forge ahead with our search for the most viable option and best possible venue for WTMD."
I know this news about the Senator comes as a surprise to many of you. I want you to know that WTMD and everyone at Towson University fully believes in the station's mission, music and the need to find a new home for the station.
For now, we will focus on increasing WTMD's value in the community and we look forward to seeing you at WTMD's 7th Birthday Party and at First Thursdays Concerts in the Park.
General Manager, WTMD
2 comments:
Cryin' shame, but I understand... I'm broke, too.
How sad. The Senator Theatre location was an opportunity that presented itself at the wrong time. Just wasn't meant to be, I guess. Here's to hoping that WTMD finds a new home, sometime in the near-ish future!
Post a Comment