Carnegie Corporation of New York Contributes $5 Million to National Initiative Focused on Revitalizing Local News
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Thursday, September 7, 2023
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The Corporation is awarding $5 million in addition to its existing portfolio of media grants.
Key Points:
- The Corporation is awarding $5 million in addition to its existing portfolio of media grants.
- Introducing #PressForward: An unprecedented philanthropic collaboration to inform and engage communities by bolstering local news with an investment of over $500M.
- Since 2005, approximately 2,200 local newspapers have closed, resulting in 20 percent of Americans living in “news deserts” with little to no reliable coverage of important local events.
- Investments in nonpartisan public policy development, analysis, and advocacy are needed at the local, state, and national levels.