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Illustration: Aïda Amer/Axios

Nearly $1 billion has been committed to saving local news in America over the next several years, as the country grapples with the consequences of less local coverage and accountability.

Why it matters: Despite valiant efforts, there's still no real business model for local news to continue to operate the way it has been for decades. Many of these donations, however, are being used to fund the research and development of sustainable business models for local news.

The big picture: While some smaller, local digital operations have found ways to drive profits, larger local newspaper and TV companies continue to shutter, consolidate or reduce headcount.

Driving the news: The Knight Foundation today said it would double its commitment to local news, donating $300 million via Knight’s endowment over the next five years, doubling its previous commitment.

  • "By investing in local news and providing journalists and news organizations with the tools and training that they need to prosper, we will help them pave a path to long-term sustainability," says Jennifer Preston, Knight Foundation vice president for journalism.

By the numbers The Knight Foundation's efforts are reminiscent of those from Google and Facebook, both of which have pledged over the past year to give $300 million to local journalism efforts over the next three years. They join several smaller efforts dedicated to bolstering local news, including...

  • WordPress, the content management tech company owned by web development giant Automattic, said it was investing six figures in The News Project in January to help bolster local news.
  • Local education site Chalkbeat gets hundreds of thousands of dollars annually from organizations like the Walton Family Foundation and The Bill and Melinda Gates Foundation.
  • Donors at the local level have been supporting individual local outlets, like The Gothamist.
  • States like New Jersey are setting aside millions of dollars to invest in local news projects.

Go deeper

Major companies vow to train, hire Afghan refugees arriving in U.S.

Chobani founder and CEO Hamdi Ulukaya. Photo: Jeff Spicer/Getty Images for Global Citizen

More than 30 major companies have promised to hire and train Afghan refugees coming to the U.S., per a press release from the Tent Partnership for Refugees, the group spearheading the effort.

The big picture: The 33 companies, including Amazon, Facebook, Pfizer and UPS, are joining the Tent Coalition for Afghan Refugees, a coalition founded by Hamdi Ulukaya, the founder and CEO of yogurt and food company Chobani.

Hispanic Heritage Month: Gracias, México, for color TVs

The patent diagram (left) from Guillermo González Camarena's chromoscopic adapter, and he and the engineer (right inspecting TV equipment around 1955 in Mexico City. Photos: U.S. Patent Office and Instituto Nacional de Antropología e Historia de México

Credit Mexican engineering and entrepreneurship for developments that led to the in color television, oral contraception and finding a way to help mend the ozone layer.

Why it matters: The contributions helped modernize how we could see the world; improve women's health and expand women's roles beyond the home; and identify dangerous emissions and how to reduce them.

Ipsos poll: Support growing for abortion rights in Latin America

Members of feminist groups in Saltillo, Mexico, after the decriminalization of abortion was approved in Coahuila, Mexico. Photo: Antonio Ojeda/Agencia Press South/Getty Images

Support for abortion rights in some Latin American countries has jumped considerably since 2014, with Argentina seeing the biggest shift, an Ipsos poll finds.

The big picture: The view that abortion should be permitted at least under certain circumstances is held by a majority of adults surveyed in Argentina, Brazil, Chile, Colombia, Mexico and Peru.