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U.S. Congress agrees to expand payroll assistance to local news outlets
Congressional leaders said on Sunday that lawmakers agreed to expand forgivable government loans to additional struggling local news outlets as part of a $900 billion COVID-19 relief bill.
House of Representatives Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer said the measure would expand eligibility “for nonprofits and local newspapers, TV and radio broadcasters.”
Thousands of local newspapers, TV and radio stations had been ineligible for the initial “Paycheck Protection Program” approved by Congress in March because they were owned by larger parent companies.
Study: Private equity firms buying newspapers cut local news
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Study: Private equity firms buying newspapers cut local news
Study: Private equity firms buying newspapers cut local news
Vulture capitalists are circling my old newspaper. Here’s why we need to fight them off.
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Vulture capitalists are circling my old newspaper. Here’s why we need to fight them off.
Vulture capitalists are circling my old newspaper. Here’s why we need to fight them off.
How the Local News Crisis Affects Coverage of COVID and Climate – and Vice Versa
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How the Local News Crisis Affects Coverage of COVID and Climate – and Vice Versa
How the Local News Crisis Affects Coverage of COVID and Climate – and Vice Versa