Walmart Heirs Bet Big on Journalism
NonProfit Quarterly
FEBRUARY 28, 2024
Since the decline of the industry’s ad-driven business model was hastened by the Great Recession, more than half of newspapers have shuttered across America and the industry has shed more than 20,000 jobs. Thirteen years ago, fewer than a dozen digital news nonprofits led the charge to shift news to a nonprofit model.
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