"This is a big deal," said @GovPressOffice signing the historic Community NEWS Act: tax credits to news orgs to hire & retain local journalists. Most significant law to revive local news. Content-neutral, nonpartisan, digital, print, b'cast, forprofit & non, old & new. THANK YOU.
Steven Waldman
@stevenwaldman
Chair, Rebuild Local News Coalition (rebuildlocalnews.org), Co-founder @Report4America. Slowly moving from here to linkedin.com/in/stevendwald…
3.6K Following 6.8K Followers 3.1K Posts
Latest posts 5
Before @MajorCBS was a star CBS News correspondent, he was a reporter in Amarillo, TX. When he was there: 44 reporters. Now: 4. Grateful that he shined spotlight on the local news collapse & opportunity in CA if @CAgov signs the historic Community News Act cbsnews.com/video/californ…
You mean to tell me that by signing AB2222, @CAgovernor @GavinNewsom would be saving money for California taxpayers??
When local news disappears, taxpayers pay more.View quoted post on X
New research finds that the Community NEWS Act (AB 2222) could save California taxpayers at least $47.6 million a year in borrowing costs while helping local newsrooms retain and hire journalists.
rebuildlocalnews.org/ab-2222-would-…
Per @AndrewYang, the paradox: AI needs local reporters to feed the machine & now AI is making it unlikely such reporters will exist (by taking content w/o payment, & not driving traffic to sites, see below)
AI will be how we get our news.View quoted post on X
Two influential Californians Paulette Brown-Hinds (@mygoldenstate) and Lenny Mendonca make the case that @CAgovernor @GavinNewsom should sign the Community News act, and make it a model for the nation on how to revive independent local news editorandpublisher.com/stories/opinio…