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American news organisations ask for Federal funding

Four national media organisations, the News Media Alliance, NAB, National Newspaper Association and America’s Newspapers, called on Congress to provide financial support to local news media in its next stimulus bill.

The document said that local news operations are in immediate peril due to COVID-19 and they need Congress to act now.

The organizations want Congress to ensure the ability of local media to seek relief under the Paycheck Protection Program and to fund federal advertising spending on local media through directing current U.S. government advertising campaigns to local news and media outlets, and providing the Department of Health and Human Services, the Small Business Administration and other relevant agencies with an additional $5-10 billion for direct funding for local media advertising that would be evenly distributed to local media in communities of all sizes.

Read the entire document HERE

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.