Assemblywoman Buffy Wicks stated that the public-private deal with Google signifies a major advancement for California journalism, despite critiques that it falls short of expectations.
This deal represents the beginning of a necessary framework to support local news organizations financially, as highlighted by Assemblywoman Wicks during her Chicago interview.
Wicks explained that in the first five years, the distribution of $242.5 million is aimed at empowering journalism institutes, with oversight from multiple media associations.
The specifics of the funding show that Google's contribution is crucial, with a minimum of $55 million to be allocated towards journalism, while the state backs it with $70 million.
Collection
[
|
...
]