Jake Shapiro, CEO of Public Radio Exchange:

I have exciting news to share, for PRX and public media.

PRX has evolved considerably over the past several years, focusing our strategy on three areas: Content, Distribution, and Leadership/Innovation.

In Content we are seeing great success with The Moth Radio Hour and other signature programs; in Distribution the PRX marketplace is thriving, Public Radio Remix is a growing national format, and mobile apps for public media are taking off with This American Life, KCRW Music Mine, Public Radio Player and top station apps.

But it is in the third area of Leadership and Innovation – where projects like the Public Radio Talent Quest first emerged –  that I am bringing you news of a significant development we are announcing today: a new $2.5 million effort to spur innovation to advance public service media.

The press release below lays it out, and you can learn more at http://www.publicmediax.org and by following @publicmediax.

We will soon be recruiting advisory board members, mentors, and are interested in selective partnerships and sponsors. More on that front coming soon.

The press release announcing the launch of the Public Media Accelerator is online.