CPB, NPR settle interconnection dispute
CPB and NPR have agreed to end their legal dispute over the corporation’s distribution of interconnection funds.
The agreement filed Monday resolves claims NPR made in an ongoing legal proceeding regarding CPB’s awarding of a grant to a new nonprofit entity, Public Media Infrastructure. As part of the stipulation, CPB will fund NPR’s Public Radio Satellite System with nearly $36 million over five years.
Meanwhile, NPR “understands and acknowledges” under the settlement that CPB has entered into the five-year agreement with PMI for distribution of public radio programming. The parties were slated to go to trial Dec. 1.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.