Feb 19, 2019

Pledges to save local news reach nearly $1 billion

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

Updates: George Floyd protests continue past curfews

Protesters on Tuesday evening by the metal fence recently erected outside the White House. Photo: Olivier Douliery/AFP via Getty Images

Protests over the death of George Floyd and other police-related killings of black people continued Tuesday across the U.S. for the eighth consecutive day — prompting a federal response from the National Guard, Immigration and Customs Enforcement and Customs and Border Protection.

The latest: Protesters were still out en masse even as curfews set in Washington, D.C., and New York City. Rep. Alexandria Ocasio-Cortez (D-N.Y.) slammed the New York Police Department late Tuesday following reports of police kettling in protesters on Manhattan Bridge.

Primary elections test impact of protests, coronavirus on voting

Election official at a polling place at McKinley Technology High School in Washington, D.C. Photo: Drew Angerer/Getty Images

In the midst of a global pandemic and national protests over the death of George Floyd, eight states and the District of Columbia held primary elections on Tuesday.

Why it matters: Joe Biden, the presumptive Democratic nominee, needs to win 425 of the 479 delegates up for grabs in order to officially clinch the nomination. There are a number of key down-ballot races throughout the country as well, including a primary in Iowa that could determine the fate of Rep. Steve King (R-Iowa).

Iowa Rep. Steve King defeated in GOP primary

Rep. Steve King. Photo: Alex Wroblewski/Getty Images

State Sen. Randy Feenstra defeated incumbent Rep. Steve King in Tuesday's Republican primary for Iowa's 4th congressional district, according to the Cook Political Report.

Why it matters: King's history of racist remarks has made him one of the most controversial politicians in the country and a pariah within the Republican Party.