A $500 Million Pledge to Support Local News
Non Profit Quarterly
NOVEMBER 7, 2023
Image credit: Jon Tyson on Unsplash The decades-long decimation of local news—and the dangers that the trend poses for public oversight, an informed citizenry, and democracy itself—remains very much underway. The MacArthur Foundation itself pledged $150 million to the new fund. Since 2005, some 2,200 local newspapers have closed.
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