Document Resource Summary: The media sector faced a number of significant challenges before the COVID-19 crisis struck, including the loss of advertising revenue to digital giants like Facebook and Google, cutbacks and closures of local and regional news outlets, the rise of “fake news” and resultant erosion of quality journalism, and massive loss of employment through layoffs, closures and restructuring. The global pandemic has shown us the critical role high-quality, locally-focused journalism plays in informing the public and holding those in power accountable. In fact, readership has skyrocketed since mid-March, and TV viewership has increased by nearly 50%.
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