Tens of millions flow into local news as public policy becomes journalism’s fourth leg

For decades, local journalism’s business model rested on advertising, subscriptions and philanthropy. Now, according to Rebuild Local News co-founder Steven Waldman, a fourth leg is rapidly emerging: public policy. New state laws, tax credits and government-backed initiatives have already directed more than $129 million into local newsrooms, with tens of millions more expected this year alone. Waldman says the shift signals a major new chapter in how communities may ultimately sustain local journalism. Access more at this episode’s landing page, at: https://www.editorandpublisher.com/st...