US President Lyndon B. Johnson signs the Public Broadcasting Act of 1967, establishing the Corporation for Public Broadcasting.

Lyndon Baines Johnson, also known as LBJ, was the 36th president of the United States, serving from 1963 to 1969. He became president after the assassination of John F. Kennedy, under whom he had served as the 37th vice president from 1961 to 1963. A Southern Democrat, Johnson previously represented Texas in Congress for over 23 years, first as a U.S. representative from 1937 to 1949, and then as a U.S. senator from 1949 to 1961.

The Public Broadcasting Act of 1967 issued the congressional corporate charter for the Corporation for Public Broadcasting (CPB), a private nonprofit corporation funded by taxpayers to disburse grants to public broadcasters in the United States. The act was supported by many prominent Americans, including Fred Rogers, NPR founder and creator of All Things Considered Robert Conley, and Senator John O. Pastore of Rhode Island, then chairman of the Senate Subcommittee on Communications, during House and United States Senate hearings in 1967.

The Corporation for Public Broadcasting is an American non-profit corporation created in 1967 to promote and help support public broadcasting in the United States. The corporation's mission is to ensure universal access to non-commercial, high-quality content and telecommunications services. It received funding from Congress and distributed more than 70 percent of its funding to more than 1,500 locally owned public radio and television stations, including Public Broadcasting Service (PBS) and National Public Radio (NPR) stations. In particular, CPB funding was a key part of small and rural public media station budgets.