RDU’s Going Private, Assets Sold Off for $2

So apparently RDU has been doing the sneaky and turned itself into a private organization; which is a bit of a shock to those of us who are volunteers and all…

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from stuff:

RDU sale upsets students

28 November 2006

By JANINE BENNETTS

Canterbury University’s student radio station has been sold for $1 without the knowledge of its student body.

According to confidential documents and emails given to The Press, the University of Canterbury Students’ Association (UCSA) decided to sell the student station’s RDU brand to newly formed private company RDU 98.5FM Ltd for $1 earlier this month. Its office and equipment have also been sold to the company for $1, while its frequency will be sub-licensed.

The decision has not yet been made public and was made behind closed doors in a secret ballot.

The new operators, who The Press understands include people involved with the current station, will take over the day-to-day running, from February 1 next year.

Confidential documents on the sale have been circulated around the university campus and many students are angry they were left out of the decision-making process.

UCSA executive board member Dan Bason resigned from the board two days after the decision because he felt students should have been consulted on the sale. “It’s a student-owned radio station and the students are getting no say in its future. Everything’s been done behind closed doors,” Bason said.

“Most of the people I’ve talked to sort of are quite disappointed with it. They see RDU as part of the student culture and part of the student persona and the fact that its fate’s been decided without their consultation