A $500 Million Pledge to Support Local News
Non Profit Quarterly
NOVEMBER 7, 2023
Since 2005, some 2,200 local newspapers have closed, according to a press release by the MacArthur Foundation. The MacArthur Foundation itself pledged $150 million to the new fund. Since 2005, some 2,200 local newspapers have closed. It’s a call to action for philanthropy to step up.”
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