Google Launches ‘Journalism Relief Fund’ Following Facebook

Photo: LOIC VENANCE / AFP

 

Google said Wednesday it will launch an emergency fund to help local news outlets struggling to maintain operations in the face of the coronavirus pandemic.

The internet giant gave no specific figure for its fund, but said it would offer grants ranging from the “low thousands of dollars” for the smallest operations to “low tens of thousands for larger newsrooms.”

The move comes with the media sector facing deep cutbacks resulting from the global consumer lockdown, an intense economic slump and retrenchment in advertising revenues that many news outlets depend on.

“Local news is a vital resource for keeping people and communities connected in the best of times,” Google News vice president Richard Gingras said in a statement.

“Today, it plays an even greater function in reporting on local lockdowns or shelter at home orders, school and park closures, and data about how COVID-19 is affecting daily life.”

Gingras said the fund will open to outlets “producing original news for local communities during this time of crisis,” with applications due by April 29.

“At the end of the process, we’ll announce who has received funding and how publishers are spending the money,” he said.

“We believe it is important to do what we can to alleviate the financial pressures on newsrooms, and will continue to look at other ways to help with more to announce soon.”

READ ALSO: 99-Year-Old World War II Veteran Beats COVID-19 In Brazil

The New York Times has estimated that news outlets have cut 28,000 jobs as a result of the health crisis and subsequent economic impact.

Other outlets have furloughed journalists or announced pay cuts.

Facebook on March 30 said it was donating $100 million to support news organizations globally hurting from the coronavirus pandemic. This includes $25 million in grants and ramped up ad spending by the social media giant.

In recent months Facebook and Google have stepped up efforts to help news organizations, following criticism that their dominance of online advertising has made it difficult for media to profit from digital operations.

AFP

Anthonia Orji

Disqus Comments Loading...
Share
Published by
Anthonia Orji
Tags: Google Journalism

Recent Posts

  • Coronavirus
  • Headlines

BREAKING: NCDC Confirms 86 New Cases Of COVID-19 In Nigeria

  Eighty-six new cases of COVID-19 have been confirmed by the Nigeria Centre for Disease Control (NCDC), taking Nigeria’s total…

3 hours ago
  • Coronavirus
  • Headlines

Lagos Records 70 New Cases Of COVID-19 In One Day

  Lagos State on Sunday recorded 70 new cases of COVID-19. This is according to the latest report my the…

3 hours ago
  • Sports

Late Coach Keshi Saw Himself In Me – Yobo

  Super Eagles Assistant Coach, Joseph Yobo, has described the late Stephen Keshi as a big motivation in his football…

3 hours ago
  • World News

COVID-19: US Death Toll Tops 40,000 – Johns Hopkins

  The number of deaths from the new coronavirus in the United States topped 40,000 on Sunday, according to a…

4 hours ago
  • Coronavirus
  • Local

BREAKING: Davido’s Fiancee, Chioma Recovers From COVID-19

  Chioma Rowland, the fiancee of Afropop music sensation, Davido, has recovered from COVID-19 (Coronavirus). Davido made this known via…

4 hours ago
  • Politics

Why People Think Kyari Was A Cabal In Buhari’s Presidency – Kogi Governor

    Kogi State Governor, Yayaha Bello has paid tributes to the former Chief of Staff to President Muhammadu Buhari,…

5 hours ago