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Report for America today announced that it will place 250 journalists in 164 local newsrooms in 46 states during 2020, four times the amount of this year’s class.
The nonprofit places young journalists in newspapers, TV, radio and digital outlets for one- or two-year assignments in “under-covered” communities to report on local governments, veterans issues, aging populations, education, the environment, health care, military bases and housing.
It picks up half of the journalist’s salary, while the news outlet and local partners foot the other half.
RFA is funded by the James L. Knight Foundation, Joyce Foundation, David and Lucile Packard Foundation, Ford Foundation, Facebook Journalism Project, Google News Initiation, Craig Newmark Philanthropies and others.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
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