CPB-Stabilization-Funding-Request
Corporation for Public Broadcasting Stabilization Funding Request and Justification FY 2021 Submitted to the Office of Management and Budget and to the House and Senate Appropriations Subcommittees on Labor, Health and Human Services, Education, and Related Agencies January 26, 2021 Corporation for Public Broadcasting (CPB) FY 2021 Stabilization Funding Request STATEMENT OF NEED AND REQUEST The Corporation for Public Broadcasting (“CPB”) is very appreciative of the $75 million in stabilization funding in the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act of 2020. This financial assistance was vital in providing stability to our nation’s public media system during the early months of the crisis. Today, we request an additional $175 million in stabilization funding to ensure the continued viability of public media stations during this period of extraordinary economic hardship. Although our data indicates that public media’s stabilization needs exceed $400 million, we are mindful of the difficult decisions the new Administration and Congress must make during this time. CPB’s mission is to ensure universal access to high-quality, non-commercial content and telecommunications services that educate, inform and enrich the public. Further, in many states and local communities, public media stations’ digital and broadcast infrastructure provide the backbone for emergency alert, public safety, first responder and homeland security services. If stations are forced to cut additional jobs or further reduce content and services, their
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