Press Forward announces goal to ‘raise the next $500 million at the local level’

So far, local chapters have been announced in Alaska, Illinois, Minnesota, Kansas and Philadelphia

Screenshot, Press Forward
Screenshot, Press Forward
Posted

On Friday, Press Forward, the initiative to bring half a billion dollars into local news over the next five years, announced a new network of local chapters in Alaska, Illinois, Minnesota, Kansas and Philadelphia.

In September, 22 donors announced the launch of Press Forward with the goal of strengthening “communities and democracy by supporting local news and information with an infusion of more than a half-billion dollars over the next five years,” according to a press release.

The initiative is a big swing at fixing the continuing contraction of local news. Friday’s announcement doubles the potential investment in the critical and struggling industry.

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