PRX Invests in Podcasting and Digital Infrastructure Amid Public Media Funding Crisis
PRX, a nonprofit aimed at enhancing audio content, is experiencing challenges within the public media landscape, particularly regarding its podcasting and digital outreach efforts. In its 2025 annual report, the organization reported revenues of $27.04 million, sourced from underwriting ($8.39 million), grants ($3.35 million), and donations ($2.42 million), resulting in a $1.01 million deficit. Despite budget reductions, PRX continued to prioritize support for stations and content creators while pursuing new initiatives and live events. CEO Kerri Hoffman emphasized a strategic pivot towards digital offerings. The organization collaborates with 900 stations across the U.S. and distributes more than 20 programs, including "The Moth."
Key facts
- PRX reported $27.04 million in total revenue in 2025.
- PRX ended 2025 with a deficit of approximately $1.01 million.
- Revenue included $8.39 million from underwriting, $3.35 million from grants, and $2.42 million from donations.
- PRX works with 900 stations across the U.S. and distributes over 20 public radio shows.
- PRX reaches 5.3 million U.S. listeners each week.
- PRX brought 30 public media stations onto the Dovetail platform at no cost in 2025.
- Radiotopia had 33 indie shows and 47.3 million downloads in 2025.
- CEO Kerri Hoffman described the current period as the most significant challenge to U.S. public media in decades.
Entities
Institutions
- PRX
- Corporation for Public Broadcasting
- Radiotopia
- Dovetail
Locations
- United States