Details of an EGM have been announced at a Radio Academy Annual General Meeting on Wednesday evening, in which it was revealed both the Radio Festival and Radio Awards lost money in 2014.
The meeting heard from concerned members, of which over 120 were present, and was hosted by Radio Academy Chair Ben Cooper and CEO Gloria Abramoff. Deputy Travis Baxter and previous CEO John Myers also addressed attendees.
Ben Cooper confirmed the finances of the Radio Academy are fine till the end of March 2015, and thanked the outgoing staff of Academy which have all been made redundant.
The execs and members debated its future, with many questions being asked surrounding the current and proposed structure of the organisation.
“Why keep on a high paid CEO rather than a general manager or admin person,” was one of the questions, which received a large applause. Ben Cooper said Gloria is a freelancer, not staff, and “we need to sort out fundamentals while other things are paused”. It was also mentioned that the Academy was showing a lack of leadership, in which Ben Cooper said he personally ‘believes in the Academy’ but that his views are not necessarily shared by all of the trustees.
All trustees are standing down and new ones will be elected at the EGM, expected to take place in February.
The Chairman suggested a joint festival and awards event in London for 2015, in which other industries could get involved such as a podcasters, agencies and car manufacturers.
He added he’d be happy to lose the historic ‘black tie and sit down meal’ occasion but the future radio awards must be ‘robust and meaningful’.
David Lloyd was at the meeting and blogs about it here. He sums it up by saying “Members had come to see a movie, and we seemed only to have seen the opening credits.”
Twitter was full of updates and comments including some of these below:
— Darren Scott (@DarrenScott) December 10, 2014
BC points out that BBC, Global and Bauer all have an Academy of their own. So why do we need another, has been a question. #radacad
— James Cridland (@JamesCridland) December 10, 2014
— Alex Duffy (@whatalexthinks) December 10, 2014