Media Moves

Knight Foundation announces investment in local news support networks

The following excerpt was sent out:

The John S. and James L. Knight Foundation is recommitting its investment in local news support networks that are helping hundreds of publishers work toward stronger financial sustainability. Knight is announcing continuing support of more than $9 million over three years for the Institute for Nonprofit News (INN), Local Independent Online News (LION) Publishers, and the Center for Community Media at the Craig Newmark Graduate School of Journalism at the City University of New York.

The investment aligns with Knight’s strategy to support informed communities through high-quality, equitable and sustainable local journalism. It also addresses Knight’s goals of boosting the power of scalable networks in local news and building local journalism’s infrastructure to help pave the road to long-term business success.

Read more here.

Mariam Ahmed

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