pen-and-paper124183851_std3.jpg Corporation for Public Broadcasting (CPB) will announce a “major” journalism initiative, followed by a panel discussion on how to counter the decline of local journalism.

“Given the loss of local journalism in various regions of the nation I’d say it’s pretty big,” said an event organizer who was not comfortable judging the weight of the announcement on a scale from 1 to 10. “The potential for it is even bigger.”

The announcement will take place at The Newseum Knight Studio (555 Pennsylvania Avenue, NW, Washington, DC) on Thursday, March 25th beginning at 10:00 a.m. (press call 9:30 a.m.).

CPB President and CEO Patricia Harrison will make the announcement and be joined by the President and CEO of PBS Paula Kerger and the President and CEO of NPR Vivian Schiller. They will discuss “new initiatives to enhance journalism across public media, utilizing radio, television and digital platforms.”

Post announcement will be a panel discussion on public media in local, national and international reporting. The panel will be moderated by Hari Sreenivasan (Correspondent, PBS NewsHour) and include Tom Rosenstiel (Founder and Director, PEW’s Project for Excellence in Journalism), Nishat Kurwa (News Director, Youth Media International), Tom Karlo (General Manager, KPBS TV-FM), and Kinsey Wilson (Senior Vice President and General Manager, Digital Media, NPR).

Find out where to watch the live stream and Twitter details after the jump…

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