US Edition
Newsom Rolls Back $20M for California Newsrooms to Reduce Budget Deficit
- Governor Gavin Newsom proposed cutting California's $30 million contribution to the News Transformation Fund to $10 million for fiscal year 2025-26 to address a budget deficit.
- The cut follows a $12 billion projected deficit due to rising Medi-Cal costs and economic pressures, prompting wider budget adjustments across the state.
- Established through a 2024 agreement involving California, Google, and other partners, the fund aims to allocate nearly $250 million across a five-year period to assist local news organizations and hundreds of journalists.
- H.D. Palmer, spokesperson for the Department of Finance, explained that the decrease is due to funding being more constrained than initially anticipated in the budget released in January.
- The reduction highlights the vulnerability of a handshake funding deal amid fiscal pressures, though lawmakers could restore the cut before the June 15 budget deadline.
30 Articles
30 Articles
Newsom rolls back $20M for California newsrooms to reduce budget deficit
Gov. Gavin Newsom proposed cutting funding for California newsrooms by 67%, reducing the state’s contribution from the expected $30 million to $10 million for the 2025-2026 fiscal year that begins July 1. The funding cut affects a new, high-profile deal with Google to support local news outlets through what's called the News Transformation Fund. The proposed funding reduction is just one piece of a proposal to confront a mounting deficit. Initia…
Marin Independent Journal
Newsom’s budget trims state’s ‘major breakthrough in ensuring the survival of newsrooms’
Last August, Gov. Gavin Newsom hailed a “major breakthrough in ensuring the survival of newsrooms” with the announcement of a deal in which the state, search giant Google and others would provide nearly $250 million in public and private funding over five years to support California news publishers decimated by the digital age. But Newsom this week trimmed the state’s opening contribution by two thirds in his proposed budget revision to close a …
Brickbat: Pay per Link
The Oregon Senate Rules Committee voted 3–2 to advance a bill that would require big tech companies like Google and Meta to pay at least $104 million and $18 million annually, respectively, to Oregon newspapers and journalism programs for linking to their content, despite opposition from tech industry groups. Supporters, including some Oregon publishers, argue the bill is a lifeline for struggling local newsrooms, compensating them for content t…
Los Angeles Times
DNyuzNewsom proposes $20-million funding cut for California newsrooms, citing budget issues
The state confirmed Wednesday that it will pay out $10 million, instead of $30 million, to California newsrooms for the 2025-26 fiscal year.
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