Underwriting drop leaves NPR with $2.6M shortfall

Posted: May 29, 2012

Facing an operating deficit of $2.6 million this fiscal year due to a shortfall in corporate sponsorship income, NPR is stepping up efforts to cover the gap with additional gifts, grants and underwriting. These measures are being taken rather than … Continue reading

Ford backs for-profit newsroom

Posted: May 29, 2012

A recent Ford Foundation grant to the Los Angeles Times highlights the heightened competition pubcasters face for philanthropic dollars in a fast-changing media world. The $1.04 million two-year grant to the newspaper, a subsidiary of the Tribune Company media conglomerate, … Continue reading

Delays by IRS put chills on news startups

Posted: May 14, 2012

Nonprofit news outfits that have sprung up across the country to fill gaps left by commercial media have hit an unexpected barrier in establishing themselves as providers of local news and information: the Internal Revenue Service. As many as a dozen journalism startups, most of them run largely by volunteers and accepting no advertising, have had their requests to be recognized as tax-exempt organizations delayed for many months and, in some cases, years. Continue reading

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