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So does this mean NPR and PBS are going to shutter? Or significantly reduce their operations? Or have they still got enough private benefactors to carry on?
Side note: I wonder if they still have any of that Ray Croc money left in some random fund?
The CPB exists to allocate government funding to nonprofit public stations (the individual broadcasters in each city) and networks (NPR and PBS). Without government funding, the CPB has no reason to exist.
The public stations and NPR and PBS still exist. They are the ones that actually produce and distribute content. And they've always relied some on donations.
PBS and its stations have been roughly 15% funded through the CPB. The rest relies on donations and other income.
NPR doesn't receive much money directly from the CPB (less than 1% of its budget), but its member stations do, around 13% on average.
So it's not the end of the world for these stations, but it does represent a reduction in funding that is pretty serious.
Yeah okay, those hit with a 13% reduction have a large hole to fill. Hopefully other donors will come to the party, but in a cost of living crisis, well theres a lot of other pressures.