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The Knight Foundation and PBS said today that Knight will give the network a $2.5 million challenge grant to launch a multicast Citizen’s Channel next fall and $500,000 for the pilot of a nightly show for the channel, Global Watch. The show, produced by KCET of Los Angeles and KQED of San Francisco, will cull stories from around the world. It will be followed nightly by ITVS Presents, a showcase for indie docs. The channel will also feature video blogs and vox pop segments, live coverage of major press conferences and congressional hearings and repeats of PBS nonfiction shows. PBS developed its Public Square plans with a Knight grant awarded two years ago.

PBS’s blue-ribbon Digital Future Initiative panel will release its report tomorrow at an invitation-only “summit” in D.C.