From: ahk@chinet.com   
      
   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-publ   
   c-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.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)