OLD Media News

Google contributes millions to journalism amid pandemic

Google has poured more than $39.5 million into journalism since the pandemic began.

The finances have been allocated across 5,600 in 115 countries as part of the Google News Initiative Journalism Emergency Relief Fund.

“When COVID-19 was turning the world upside down, we didn’t know what to expect,” said Google News Initiative Innovation head Ludovic Blecher. “The intent was simple: help address a very real need from local publishers and news sites globally that are facing financial hardship as a result of the economic and advertising downturn.”

However, although the funding has helped newsrooms, it also highlights the news industry’s growing dependence on advertising revenues.

Blecher further added that Google received 12,000 applications for the fund.

Mariam Ahmed

Recent Posts

Dow Jones plans to expand Middle East operations

Dow Jones & Co., the parent of The Wall Street Journal, Barron's, MarketWatch.com and Investor's…

3 hours ago

WSJ seeks a White House reporter

The Wall Street Journal is seeking a White House reporter in Washington, DC, to break…

3 hours ago

Politics editor Pershing leaving WSJ

Ben Pershing, the politics editor of The Wall Street Journal, is leaving the news organization.…

4 hours ago

NY Times taps Stevenson as DC bureau chief

New York Times executive editor Joe Kahn sent out the following on Friday: A January 2010 front…

4 hours ago

Dow Jones senior VP Jones is departing

Brent Jones, the senior vice president of training, culture and community at Dow Jones, is…

4 hours ago

WSJ seeks a logistic bureau chief

The Wall Street Journal is looking for an editor to lead its coverage of logistics…

16 hours ago