About: http://data.cimple.eu/news-article/55bc20a5f99c75690444960c8b5e5489e2d356fddc8425178cbccfd1

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About: http://data.cimple.eu/news-article/55bc20a5f99c75690444960c8b5e5489e2d356fddc8425178cbccfd1 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	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 a 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." 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. rl/jm
schema:headline	Google launches 'journalism relief fund,' following Facebook
schema:mentions	Digital media Google News Journalism Online advertising The New York Times Google Social media Lockdown Pandemic Facebook Coronavirus disease 2019 Richard Gingras Cutbacks The Move
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-15 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	83 (xsd:integer)

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