In a significant move to bolster local journalism, the Knight Foundation has committed an additional $25 million to the American Journalism Project (AJP), which initially received $20 million in 2019. This funding aims to support up to 60 nonprofit news organizations across the U.S., enhancing their operational and financial resilience. The initiative includes establishing the Knight Resiliency Lab to provide essential resources for sustainable growth, audience development, and revenue diversification, ultimately addressing the nationwide gaps in news and information.
"Part of this investment will allow us to re-invest in news organizations in our portfolio that have plans for significant growth, especially into new communities."
"The Knight Resiliency Lab will provide news organizations with expertise, resources, and training for long-term sustainability, focusing on key areas such as audience development."
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