Description
Chicago Public Media (CPM) is a not-for-profit radio and print media company.
CPM operates as the primary National Public Radio member organization for Chicago. It owns three non-commercial educational FM broadcast stations and one FM translator. In addition to local news and information productions, it produces the programs Wait Wait... Don't Tell Me! for NPR stations, and This American Life which is distributed by PRX to other radio stations. On January 30, 2022, Chicago Public Media acquired the Chicago Sun-Times daily newspaper.
On January 30, 2022, Chicago Public Media formally took over the financially-troubled Chicago Sun-Times daily newspaper, which thereby became not-for-profit. A nonbinding agreement for the deal had been announced in September 2021, and the board of Chicago Public Media had signalled its approval on January 18, 2022. The final arrangement was backed with $61 million from several philanthropic organizations.