After declining a proposal last month that would have required Penn State University to pay $17.6 million to transfer public media outlet WPSU-FM, State College, PA to Philadelphia’s public media firm WHYY, a new deal has been approved by the school’s trustees that will allow WPSU-FM to avoid shutting down at in June of next year. After last month’s failed transaction, Board of Trustees chairman David Kleppinger says the school received a lot of public comments expressing concern about the loss of the station. As reported by Penn State, the new proposed transition includes commitments for WHYY to operate WPSU for at least three years after the transfer and to offer existing WPSU employees the opportunity to apply for comparable positions. Penn State also plans to transfer endowments and gifts designated for WPSU to WHYY. The story says, “Penn State will not be required to provide additional subsidy funds as previously negotiated. Rather, WHYY will first secure at least $8.36 million in outside financing. WHYY president and CEO Bill Marrazzo said that effort is already well underway and that PSU alumni are making contributions.”