According to the statement, the change is being considered in part because "fewer Vanderbilt students are listening to over-the-air radio," and "there has been declining interest among students in recent years to volunteer as DJs." Were
Vanderbilt VSC to sell its broadcast license, the revenue from that sale will reportedly be used to "create an endowment to support innovative student media experiences, facilities and operations at Vanderbilt University." Readers may recall that several programming changes have been made at WRVU over the past year, including the number of community DJs being capped at 25. If this sale transpires, the call letters WRVU will likely be kept by the students for use online, and neither the elimination of paid or volunteer positions nor the sale of on-campus broadcasting equipment itself will be necessary.
These considerations are reportedly open-ended, and thus no deadline for a sale has been made. Because "Vanderbilt students have always held the majority voting interest on the VSC Board of Directors," the students had to authorize this exploration process. The VSC Board of Directors will allegedly review feedback regarding the potential WRVU shift, and they welcome your input either via this site or in letter form to the address below. We at the Scene/Cream will continue to report any WRVU developments as they unfold.
VSC Board of Directors
2301 Vanderbilt Place
VU Station B 351669
Nashville, TN 37235-1669
UPDATE/CLARIFICATION, 9/18: While WRVU is the Vanderbilt radio station, housed on the Vanderbilt campus, its broadcast license is technically not owned by Vanderbilt. It is owned instead by VSC, a non-profit corporate entity separate from the university (even if Vanderbilt is its sole chartered corporate "member," and it exists to run Vanderbilt's student communications, such as WRVU and the Vanderbilt Hustler). It is VSC, not Vanderbilt, that pays the professional staff, runs the station, and has the ability to sell the license. HT: Harry Lime.