A bipartisan push in Congress has been launched to either amend Paycheck Protection Program rules to make an exception for local news, or get news organizations other forms of aid in the next stimulus bill
Seattle Times Co. received a nearly $10 million loan last week as part of the federal government’s rescue program for small businesses. The money is helping the publisher avoid layoffs and payroll cuts for its staff of 700, despite a plunge in advertising revenue during the coronavirus pandemic.
The Arkansas Democrat-Gazette is in essentially the same financial distress as the Times, with a similar size workforce among its parent’s publications. Yet it isn’t eligible for the aid and had to furlough or cut pay for 10% of its...
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