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Donors pledge half a billion dollars to boost local U.S. newspapers

Chief Editor September 8, 2023 0 36 sec read

U.S. papers continue to close at a rate of two a week

The Associated Press

David Bauder

Published Sep 07, 2023  •  Last updated 1 hour ago  •  3 minute read

newspaper
Copies of the Vindicator on a newsstand in Youngstown, Ohio, in 2019, when the newspaper was briefly shuttered before being taken over by a new owner. Photo by Jeff Swensen /For The Washington Post

NEW YORK (AP) — The MacArthur Foundation is leading a group of donors that have pledged $500 million to help the struggling local news industry, hoping to seed outlets that can make up for those that have closed or been hollowed out over the past two decades.

Led by $150 million donations by the journalism-focused Knight Foundation and MacArthur, the Press Forward initiative is focusing on the importance…



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