• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Media

Knight Foundation Invests $300 Million in Local Journalism—’Essential’ to Make Democracy Work

By
Laura Stampler/TIME
Laura Stampler/TIME
Down Arrow Button Icon
By
Laura Stampler/TIME
Laura Stampler/TIME
Down Arrow Button Icon
February 19, 2019, 4:01 PM ET
US Crime - Shooting
The front pages of three New York City newspapers at a newsstand on November 9, 2018. Robert Nickelsberg Getty ImagesRobert Nickelsberg—Getty Images

As newsrooms across the country face massive staff layoffs and dwindling revenue, the John S. and James L. Knight Foundation announced Tuesday that it will spend $300 million in the next five years to help bring life back to a desiccated local news landscape.

NEWS: Knight is making a new, $300 million commitment to strengthen journalism, with a focus on building the future of local news, a cornerstone of democracy. We want you to join us. Learn more + get involved at https://t.co/QQ11przNE2 #lovelocalnews pic.twitter.com/EwuKyi7UVp

— Knight Foundation (@knightfdn) February 19, 2019

 

According to the Associated Press, approximately 1,800 weekly and daily newspapers have closed since 2004. The slow death of local media has led to the disconcerting expansion of “news deserts,” or areas in which communities no longer have a regular, reliable, regional news source. As of publication, the University of North Carolina’s Center for Innovation and Sustainability in Local Media tallied that 171 American counties don’t have a local newspaper and 1,449 counties—which accounts for almost half the counties in the United States, only has one newspaper, usually a weekly publication.

“Reliable news and information are essential for people to make democracy work,” said Knight Foundation vice president of journalism Jennifer Preston in a press release. With this in mind, the organization has decided to double its monetary investment in journalism in the coming years—with a particular focus on local reporting.

The foundation laid out how it will spend its first $100 million of its investment, including giving $20 million to the American Journalism Project, to be used to give grants to local, nonprofit news organizations; $10 million to Reporters Committee for Freedom of the Press, tripling the number of lawyers defending the first amendment right to free press—arguably under attack in a political climate that declares negative coverage as “fake”; $5 million to ProPublica: to continue building its partnerships with local news organizations; and more.

As a part of @knightfdn's extraordinary $300 million investment in local news, FRONTLINE will hire an editor and reporters in up to five communities to report on issues such as housing, education, law enforcement and voting access. #lovelocalnews https://t.co/2acVNcZxpt

— FRONTLINE (@frontlinepbs) February 19, 2019

The Knight Foundation isn’t the only one spending this sum on local building local news. Facebook announced that it will spend $300 million over the next three years to grow local news initiatives in January. Google also promised a $300 million investment to combat “fake news” and strengthen digital journalism in May 2018.

It should be noted, however, that the Knight Foundation’s release cited “the impact of digital technology and social media, which have drawn readers and advertisers to other information sources on the internet” as one of the main reasons why local news organizations have struggled.

“Without revenue, you can’t pay reporters. Without reporters, you can’t develop consistently reliable news reports about what’s happening in your town. Without that reliable news report, you can’t figure out how to run local government. It isn’t rocket science,” Knight Foundation president Alberto Ibargüen said in the press release, adding, “We’re not funding one-offs. We’re helping to rebuild a local news ecosystem, reliable and sustainable, and we’re doing it in a way that anyone who cares can participate.”

About the Author
By Laura Stampler/TIME
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
1 day ago
placeholder alt text
C-Suite
Fortune 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
By Claire ZillmanJanuary 28, 2026
2 days ago
placeholder alt text
Success
Every U.S. Olympian is going home with $200,000, whether they medal or not, thanks to a billionaire's $100 million gift
By Jacqueline MunisJanuary 28, 2026
1 day ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
1 day ago
placeholder alt text
Real Estate
Ryan Serhant thinks the American Dream was just a 'slogan created by banks,' but it was really about FDR, the Great Depression, and an economic crisis
By Sydney Lake and Nick LichtenbergJanuary 26, 2026
3 days ago
placeholder alt text
C-Suite
Jeff Bezos capped his Amazon salary at $80,000: ‘How could I possibly need more incentive?’
By Sydney LakeJanuary 28, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in

CryptoCryptocurrency
Landmark crypto bill clears Senate hurdle but Democrats withhold support over lack of ‘gryfto’ rules to prevent Trump family conflicts of interest
By Leo SchwartzJanuary 29, 2026
17 minutes ago
homan
PoliticsMinnesota
Trump’s border czar vows ‘zero tolerance’ on assaults against ICE while gesturing at Minnesota drawdown
By Giovanna Dell'Orto, Rebecca Santana and The Associated PressJanuary 29, 2026
48 minutes ago
omar
PoliticsMinnesota
Trump on Ilhan Omar getting apple cider vinegar squirted on her: ‘She probably had herself sprayed, knowing her’
By Alanna Durkin Richer, Steve Karnowski and The Associated PressJanuary 29, 2026
56 minutes ago
man
HealthHealth
Life is actually getting better—and longer—for Americans, despite everything you read in the news
By Mike Stobbe and The Associated PressJanuary 29, 2026
1 hour ago
trump
PoliticsImmigration
Trump backlash over ICE builds across American culture, from The Boss to Sam Altman to Martha Stewart
By Steve Peoples and The Associated PressJanuary 29, 2026
1 hour ago
ms shirley
LawObituary
TikTok’s ‘Ms. Shirley,’ who drew 5 million followers watching her care for the homeless, dies at 58
By Rebecca Boone and The Associated PressJanuary 29, 2026
2 hours ago