A group of Democratic senators wants local news outlets to receive coronavirus stimulus money in “any future coronavirus relief package” that the Senate passes.
“Local news is in a state of crisis that has only been exacerbated by the COVID-19 pandemic,” the senators wrote in a letter to Senate Majority Leader Mitch McConnell, Senate Democratic Leader Chuck Schumer and the Senate Appropriations Committee.
“For over a decade, there has been a steady succession of local outlets closing down, reporters being laid off, production schedules cut, and resources tightened as the growth of social media and technology platforms has concentrated critical advertising revenue in the hands of a few. But the current public health crisis has made this problem worse,” read the letter.
Recent media reports indicate that local news organizations, especially newspapers, are “slashing staff and publishing less frequently as the already-battered businesses try to weather the COVID-19 storm.”
According to the letter, some “local papers and local broadcasters have lost even more of the advertising revenue they rely on from these businesses” due to the coronavirus pandemic. – READ MORE
Listen to the insightful Thomas Paine Podcast Below --