Local Journalism Fund
Journalism is a vital function in any community. How can you be expected to vote on local leaders and issues if you don’t know what’s going on? This is a market failure, and it’s clear that this is a space that should transition to non-profits, libraries and public-private partnerships instead of for-profit enterprises in many communities. I’m confident that most small towns and cities will be able to support a local website or paper – we just need to support their transition to a new model that supplements advertising and subscription fees with local institutional and citizen support.
Problems to be Solved
- Local news organizations are disappearing because of a lack of financial return.
- Citizens have fewer and fewer ways to gain insight and perspective on what is happening in their local community, government or schools.
- Many communities are struggling to transition to new models of journalism.
As President, I will…
- Invest in a Local Journalism Fund program that will make grants of between $25,000 and $250,000 to local media outlets, non-profits, libraries, governments and public-private partnerships to catalyze transitions to new models of support. In many cases, the grants will serve as ‘Matching Funds’ for other committed support to demonstrate viability. The Fund will be operated out of the FCC and will be divided evenly among states proportionally based on the population of each state.