Tuesday, October 15, 2024

Buying the News: How Leftwing Donors Are Taking Over Local Journalism

Significant examples of that largesse include: • The MacArthur Foundation’s launch of its “Press Forward” initiative last fall, which committed to spending $500 million over the next five years to “enhance local journalism at an unprecedented level to re-center local news as a force for community cohesion; support new models and solutions that are ready to scale; and close longstanding inequities in journalism coverage and practice.” • The National Trust for Local News’ 2021 announcement of its goal of amassing $300 million for a “non-profit newspaper company dedicated to protecting and sustaining community news … [to] publish sustainable community newspapers that safeguard the public trust, elevate the facts, empower communities with solutions, and foster a strong sense of place.” Last year, the National Trust for Local News quietly acquired Maine’s largest paper, The Portland Press-Herald, along with 22 other newspapers in the state.

Its stated mission is “hard-hitting reporting and commentary to change the political debate.” • The creation of The American Journalism Project, which describes its mission as “venture philanthropy,” has committed $55 million to “rebuilding local news.” RealClearInvestigations reached out to States Newsroom, National Trust For Local News, American Journalism Project, and Courier Newsroom.

If there is a bright spot here, polling has long shown that American consumers trust local media more than the national press.

American journalism has experienced a spectacular collapse in the last 25 years – daily newspaper circulation has declined from over 60 million subscribers to just over 20 million.

While not all the funding sources for these projects are expressly partisan, to the extent the funding of these new local journalism initiatives is publicly known, some of the biggest donors and foundations on the progressive left are closely associated with them.

“In 2021, Americans were 17 points more likely to say they trust reporting by local news organizations ‘a great deal’ or ‘quite a lot’ than to trust reporting by national news organizations,” notes a survey done by Gallup and the Knight Foundation.

Long known for funding left-wing causes, MacArthur endorsed one of the most politically controversial works of advocacy journalism in the last decade. 

https://www.realclearinvestigations.com/articles/2024/10/15/buying_the_news_how_leftwing_donors_are_taking_over_local_journalism_1065131.html

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