By John Eggerton, Broadcasting & Cable Online, 3-26-20
The Corporation for Public Broadcasting gets $75 million in emergency funds in the $2 trillion coronavirus bill that passed the Senate late Wednesday night.
The money is to keep up facilities of noncommercial TV and radio stations and to help stations, particularly rural ones, keep the lights on and the transmitters going in what is expected to be a lean time for pledges and corporate sponsorships, which constitute about 85% of noncom budgets.
The money goes to the Corporation for Public Broadcasting, the independent agency that hands out the government portion of noncom funding, and remains available through Sept. 30, 2021, though hopefully the pandemic has been resolved before that. » Read More