A source close to the independent tells me KRON's corporate owner has already given indication of "massive" cuts in payroll, particularly those who are making more than six figures.
The source says Media General --which owns the station (with a sale to Nextstar pending) has informed staff that cuts are coming.
Furthermore, the people at the station who make the big bucks; like Gary Radnich and Pam Moore will see their salaries slashed --by as much as 50% --Radnich makes around $200K --(do the math); Moore is up near that compensation too. Anyone who makes the big dough will be affected --some may split, others might be forced to stick it out for less pay simply because they have few options and may just bite the bullet. They have no choice.
We'll follow up on this and keep you up to date.