Corporation For Public Broadcasting formally dissolves after federal funding cuts

Key Highlights

• CPB was created in 1967 to allocate funds to public broadcasting entities like NPR and PBS.
• The board voted to dissolve the organization after Congress voted to defund it last year.
• CPB had been winding down operations since funding was cut, with a transition team in place.
• The decision reflects the loss of federal funding as a critical blow to public media.
• CPB's president emphasized the importance of access to trusted media for all Americans.