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California and Google to make a media fund for the floundering news industry
TechXplore· 2025-05-22 11:18
Core Viewpoint - The partnership between California and Google aims to provide financial assistance to the struggling news media industry through the establishment of the California Civic Media Fund, although critics argue it does not meet earlier proposals for more substantial support [1][2][3]. Funding and Contributions - Google’s parent company, Alphabet, has committed at least $10 million for the first year of the media fund, with potential for additional matching funds if more financial support is secured [5][6]. - The initial agreement in August included a pledge from Google to contribute $250 million over five years, which has been significantly reduced in the current agreement [6]. - California Governor Gavin Newsom has cut the state's proposed funding for the journalism fund from $30 million to $10 million for the upcoming fiscal year, citing a $12 billion state deficit [7][8]. Legislative Context - The California Civic Media Fund is a response to the decline of local news, with previous legislative efforts aimed at requiring tech companies to compensate news organizations for using their content [9][10]. - Former state senator Steve Glazer criticized the new agreement as insufficient, suggesting it would only provide a minor solution to the challenges faced by local news outlets [10]. Administration and Oversight - The media fund will be administered by the California State Library, with a nine-person advisory board that includes representatives from various media organizations [11]. - Concerns have been raised about potential political influence in the allocation of funds, prompting discussions about enhancing oversight mechanisms [12][13].