Corporation for Public Broadcasting
 |
|
| non-profit / Government corporation | |
| Industry | Television, Radio |
| Founded | November 7, 1967 |
| Headquarters | Washington, D.C., U.S. |
|
Area served
|
United States |
|
Key people
|
Patricia Harrison, President and CEO |
| Website | cpb.org |
The Corporation for Public Broadcasting (CPB) is an American non-profit corporation created by an act of the United States Congress and funded by the United States federal government to promote and help support public broadcasting.
CPB’s mission is to ensure universal access to non-commercial, high-quality content and telecommunications services. It does so by distributing more than 70% of its funding to more than 1,400 locally owned public radio and television stations.
The CPB was created on November 7, 1967, when U.S. president Lyndon B. Johnson signed the Public Broadcasting Act of 1967. The new organization initially collaborated with the then existing National Educational Television network. Ward Chamberlin Jr. was the first operating officer.
On March 27, 1968, CPB registers as a nonprofit corporation in the District of Columbia.
In 1969, the CPB talked to private groups to start the Public Broadcasting Service (PBS).
On February 26, 1970, the CPB formed National Public Radio (NPR), a radio network consisting of public stations. Unlike PBS, NPR produces as well as distributes programming.
On May 31, 2002, CPB, through a first round of funding from a special appropriation, helped public television stations making the transition (completed by 2009) to digital broadcasting.
The CPB's annual budget is composed almost entirely of an annual appropriation from Congress plus interest on those funds. Ninety-five percent (95%) of CPB's appropriation goes directly to content development, community services, and other local station and system needs.
For fiscal year 2014, its appropriation was US$445.5 million, including $.5M in interest earned. The distribution of these funds was as follows:
Public broadcasting stations are funded by a combination of private donations from listeners and viewers, foundations and corporations. Funding for public television comes in roughly equal parts from government (at all levels) and the private sector.
...
Wikipedia