Rebuild Local News Proposes A Public-Private Plan To Save Local Newspapers (mediapost.com)

Since 2005, 2,100 newspapers have closed, almost one-quarter of the 9,000 newspapers that were being published in 2004, according to a report from the Hussman School of Journalism and Media at the University of North Carolina, Chapel Hill.

Can newspapers be saved?

The Rebuild Local News coalition has an ambitious plan.

The organization comprises a large group — including but not limited to the Institute for Nonprofit News, the National Newspaper Association, Local Independent Online News, Black publishers, Hispanic publishers, the American Journalism Project, The Lenfest Institute and PEN/America.

RLN is not turning to government for a bailout; it sees it as an ally. The gist of the plan is for Americans to step up and help save local news, which is essential to ensure communities have a watchdog to fight corruption and waste.

In fact, Rebuild Local News envisions approximately $3 billion-$5 billion injected into the local news economy from philanthropy, businesses, consumers and the government — but mostly via tax credits.

One bipartisan idea is a $250 refundable tax credit used to buy local news subscriptions or as a donation to a local nonprofit news endeavor.
more at source: https://www.mediapost.com/publications/article/356458/rebuild-local-news-proposes-a-public-private-plan.html

Related Posts

HMH Acquires Award-Winning Software Company Writable

Learning technology company HMH today announced it has acquired award-winning software company Writable, building on a longstanding partnership between the organizations that includes the integration of Writable’s research-backed writing assessment and practice solution with HMH’s core ELA offerings for grades 3-12. With the acquisition of Writable, HMH will also establish HMH Labs, a new incubation team focused on the development and customer experience of emerging technologies, including generative AI, in support of HMH’s high-tech, high-touch vision for K-12 learning. Led by Writable CEO and co-founder Andrew Goldman, who will become Executive Vice President of HMH Labs, the group will expand upon and support HMH’s focus on innovative technology and continue to develop Writable.

A Surprisingly Strong Year of Book Sales Continues (publishersweekly.com)

A number of big summer bestsellers, a surge in interest in books on social justice, and ongoing demand by parents for children’s books that both educate and entertain combined to continue to push up unit sales of print books through this year’s third quarter. According to NPD BookScan, print unit sales rose 6.4% for the nine months ended Oct. 3, 2020 over the comparable span in 2019. Unit sales jumped 29.1% in the juvenile nonfiction category, led by huge demand for Big Preschool Workbook, which sold nearly 649,000 print copies in the period, and My First Learn-to-Write Workbook by Crystal Radke, which sold almost 595,000 copies.

U.S. Postal Service Recommends New Prices for Parcel Select

The U.S, Postal Service filed notice with the Postal Regulatory Commission (PRC) for Parcel Select price changes to take effect July 14, 2024. The proposed adjustments were approved by the Postal Service Governors this week. If favorably reviewed by the Commission, the new rates include an average 25-percent increase for Parcel Select service. Parcel Select is a shipping solution for high volume shippers to enter packages for regional delivery through the U.S. Postal Service’s network. As a strategic part of the Delivering for America 10-year plan, these proposed changes will support the Postal Service in creating a revitalized organization capable of achieving our public service mission – providing a nationwide, integrated network for the delivery of mail and packages at least six days a week – in a cost-effective and financially sustainable manner over the long term, just as the U.S. Congress has intended.
Back To Top
×Close search
Search