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Photo: Eugene Gologursky/Getty Images for Iraq and Afghanistan Veterans of America

Craigslist founder Craig Newmark is investing $15 million into two separate efforts to boost efforts to strengthen journalism ethics for the digital age.

Why it matters: The media industry, once reliant on mostly advertising, has struggled to find a sustainable business model during the Internet age. Publishers have had to embrace new business models like events, sponsorships, and social publishing, but some of those efforts are harder to approach with full editorial independence.

By the numbers

$10 million will go towards launching the Craig Newmark Center for Journalism Ethics and Security and the Craig Newmark Professorship of Journalism at The Columbia Journalism School.

  • The Center will aim to advance and modernize journalistic ethics to account for modern realities of internet publishing, like the rise of propaganda and disinformation, per Steve Coll, dean of Columbia's Graduate School of Journalism.

$5 million will go towards creating the Craig Newmark Center for Ethics and Leadership at The Poynter Institute. This program will provide working journalists and industry leaders with relevant training and continued education.

  • The Center at Poynter will aim to strengthen ethical systems in newsrooms, says Kelly McBride, a media ethicist and Poynter's Vice President for Academic Programs.

The big picture: Newmark has already donated millions to causes to support journalism. He gave $20 million to the CUNY Journalism School last year and $20 million to fund The Markup, a non-profit investigative news startup.

"Right now, when our institutions are in some peril, regular people need to stand up for the country. The bottom line is that people like me have to go put our money where our mouth is."
— Craig Newmark to Axios

Go deeper

Updated 39 mins ago - Politics & Policy

Omicron dashboard

Illustration: Brendan Lynch/Axios

  1. Health: The end of the Omicron wave is in sight — Transplants rebound from COVID lull — Omicron hits American hospitals disproportionately hard
  2. Vaccines: WHO: No evidence that healthy children, teens need boosters — Kids' COVID vaccination rates are particularly low in rural America — Starbucks drops worker vaccine or test requirement after SCOTUS ruling
  3. Politics: Biden concedes U.S. should have done more testing — Arizona says it "will not be intimidated" by Biden on anti-mask school policies— Government website for free COVID tests launches early
  4. World: WHO: COVID health emergency could end this year — Greece imposes vaccine mandate for people 60 and older
  5. Variant tracker

Highlights from Biden's marathon 2-hour press conference

President Biden answers questions during a news conference in the East Room of the White House on Jan. 19. Photo: Chip Somodevilla/Getty Images

President Biden Wednesday marked the end of his first year in office with a marathon press conference from the White House East Room, during which he defended his record in office and made headlines on several fronts.

Why it matters: It was only Biden's second solo presser while in office. The president said he would support splitting his flagship budget bill, the Build Back Better Act, to pass it in increments. He also called on the Federal Reserve to do more against inflation, and predicted that Russia will invade Ukraine.

Supreme Court rejects Trump's attempt to shield documents from Jan. 6 committee

Photo: Melissa Sue Gerrits/Getty Images

The Supreme Court rejected on Wednesday night a bid by former President Trump to block the release of documents and records from his administration to the House committee investigating the Jan. 6 riot at the Capitol.

Why it matters: Trump asked the Supreme Court to step in and block the release of the documents last month after a panel on the U.S. Court of Appeals for the D.C. Circuit unanimously denied his attempt to prevent the committee from obtaining the materials.