Carnegie Corporation of New York Contributes $5 Million to National Initiative Focused on Revitalizing Local News
The Corporation is awarding $5 million in addition to its existing portfolio of media grants.
- The Corporation is awarding $5 million in addition to its existing portfolio of media grants.
- Introducing #PressForward: An unprecedented philanthropic collaboration to inform and engage communities by bolstering local news with an investment of over $500M.
- Since 2005, approximately 2,200 local newspapers have closed, resulting in 20 percent of Americans living in “news deserts” with little to no reliable coverage of important local events.
- Investments in nonpartisan public policy development, analysis, and advocacy are needed at the local, state, and national levels.