News brief
Corporation for Public Broadcasting to close after funding cut.
The聽Corporation聽for聽Public聽Broadcasting (CPB)聽is shutting down its operations, the nonprofit said on Friday, in a blow to local TV and radio stations. Last month, the U.S. House of Representatives passed a $9 billion funding cut to public media and foreign aid, including the elimination of $1.1 billion earmarked for the CPB.聽Created by Congress in 1967, the CPB distributed more than $500 million annually to National Public Radio, Public Broadcasting Service, and more than 1,500 local聽public聽radio and television stations.
Reuters
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