With local news struggling to survive, a collective of Los Angeles media executives and philanthropists launched an ambitious nonprofit group Tuesday to bolster L.A. County’s local news ecosystem, support small independent media and build public trust in media.
The new organization, Los Angeles Local News Initiative, has raised almost $15 million to provide underserved county residents …
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https://www.latimes.com/california/story/2024-09-10/la-as-a-news-desert-philanthropists-pump-15-million-into-la-local-news
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