The Ford Foundation is giving $50 million in grants over five years to public media, including radio, TV and other non-profit groups.
The foundation wants to ensure that public media organizations will have funds to create programming "in a rapidly changing media environment."
Since 1951, the foundation has provided more than $435 million in funds to public radio and TV. The new grants add the Internet, satellite TV and print to the funding stable. Public radio gets $13.5 million and public TV $21.75 million of the total.
(Radio World)