Media Impact Funders recently released their report Journalism Grantmaking: New Funding, Models and Partnerships to Sustain and Grow the Field. The research, which draws on data from their media grants mapping tool, underscores how philanthropy is playing an increasingly significant role in supporting journalism, especially local and investigative work. The report also helped to identify new business models for a competitive digital media landscape. Among the findings are how journalism-focused philanthropy has nearly quadrupled since 2009; how philanthropy is playing a critically important role in advancing new business models for the industry; how community foundations are increasingly becoming key partners in building and sustaining local news and information; and that, since 2009, community foundations have given $17 million to investigative reporting efforts.
Source: Media Impact Funders
Posted on: September 20, 2019