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Illustration: Sarah Grillo/Axios
Dogged reporting helped journalism shine in 2019, but the economic outlook of the news industry is still grim heading into 2020, Sara Fischer reports.
The challenges that most media companies face have forced them to innovate faster, and in many cases, reach new heights.
Where things stand: 2019 was a particularly brutal year for older news operations, like newspapers, magazines, television and radio. Revenue for television was down nearly 4% this year, and for print it was down nearly 20%.
These challenges took a human toll on journalists and news industry employees around the country.
The bottom line: Despite feats of reporting, news media companies have mostly suffered — and there's no sign that the economic outlook is going to get better.
The RNC goes into the presidential election year with more than seven times as much cash on hand as the DNC — $63 million vs. $8.3 million, according to the parties' FEC filings.
Why it matters: Far from putting Republicans back on their heels, impeachment is energizing Trump's base just as the 2020 march to Election Day kicks off.
For now, the DNC has to take a back seat to a bunch of well-organized Democrats who want to be the nominee, while the RNC is free to vacuum up cash with no competition.
President Trump signed a $1.37 trillion spending measure last night, avoiding a government shutdown before the holidays.
The Trump administration had threatened to veto the carefully negotiated package if House Democrats didn't drop a provision that would have required the prompt release of any future military aid for Ukraine, per the WashPost.
Kathryn and Craig Hall, owners of Hall Rutherford Winery in Napa Valley, stand inside the "wine cave" dining room where they held a fundraising dinner for Pete Buttigieg that was mocked by Elizabeth Warren in Thursday's debate.
The Israeli Iron Dome air defense system takes out rockets fired from Gaza near Sderot, Israel, on May 4.
Cartoonist Jim Davis is offering 30+ years of "Garfield" comic strips, hand-drawn on paper, in a rolling auction with new offerings week by week, AP reports.
The strips span from the launch of "Garfield" in 1978 to 2011, when Davis began drawing the strip digitally.
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