CPB, which includes PBS and NPR, announced on Friday that it would "wind down" operations after its funding was slashed for the first time in over 50 years.

The move by CPB — which has provided funding to PBS and NPR — to wind down comes after President Trump led a successful effort to defund public media. In mid-July, Congress approved to Trump’s rescission package, which cut $1.1 billion for CPB over the next two years.

The Corporation for Public Broadcasting says it will shut down after Congress, following President Donald Trump's spending cuts, stripped $1.1 billion in previously approved funding. CPB Begins ‘Orderly Wind-Down' After Six Decades The Corporation for Public Broadcasting announced Friday it will begin winding down operations,