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Facebook commits $100M to support local news orgs hit by COVID-19 crisis | TechCrunch

Facebook announced this morning that it will be offering another $100 million worth of support to local newsrooms that are trying to cover the COVID-19 pandemic, while that same pandemic is dealing a major blow to their bottom lines.

The company says the funding will consist of $25 million in grant funding for local coverage, plus $75 million in marketing for news organizations around the world.

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Source: Facebook commits $100M to support local news orgs hit by COVID-19 crisis | TechCrunch