Google and Facebook throw money into local news
Google is launching software to help local news publishers, and Facebook is donating to organizations that support journalism.
Many local news outlets are facing an existential crisis.
As local newspaper readership continues to wane, there hasn’t been a corresponding internet phenomenon to replace the daily local paper. Experiments like Gothamist and DNAInfo, websites devoted to local news, were shuttered last year by management claiming it couldn’t see a profit.
Local newsrooms saw drastic cuts over the course of a decade.
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Tags: Facebook, Google, journalism
