The Corporation for Public Broadcasting
 |
|
| Private non-profit | |
| Industry | |
| Founded | November 7, 1967 |
| Headquarters | Washington, D.C., U.S. |
|
Area served
|
United States |
|
Key people
|
Patricia Harrison, President and CEO |
| Website | www |
The Corporation for Public Broadcasting (CPB) is an American privately owned non-profit corporation created in 1967 by an act of the United States Congress and funded by the federal government to promote and help support public broadcasting. The corporation's mission is to ensure universal access to non-commercial, high-quality content and telecommunications services. It does so by distributing more than 70 percent of its funding to more than 1,400 locally owned public radio and television stations.
The Corporation for Public Broadcasting 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 National Educational Television network—which would become the Public Broadcasting Service (PBS). Ward Chamberlin Jr. was the first operating officer. On March 27, 1968, it was registered as a nonprofit corporation in the District of Columbia. In 1969, the CPB talked to private groups to start PBS.
On February 26, 1970, the CPB formed National Public Radio (NPR), a network of public-radio stations. Unlike PBS, NPR produces and distributes programming. On May 31, 2002, CPB, through a first round of funding from a special appropriation, helped public television stations making the transition to digital broadcasting; this was complete by 2009.
The CPB's annual budget is composed almost entirely of an annual appropriation from Congress plus interest on those funds. 95 per cent of the corporation'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 $500,000 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