By JASON COHEN | DAILY CALLER NEWS FOUNDATION
A coalition of 22 groups, including prominent left-wing organizations, have pledged more than $500 million to fund local media publications over the course of five years, according to an announcement posted on Thursday.
The new coalition is called “Press Forward,” and many of the groups in it appear to have a left-wing bias based on their funding and initiatives, although the group states it “is independent of ideology.” The coalition plans to reverse the downward trajectory of local news outlets and “close longstanding inequities in journalism coverage and practice,” according to the announcement of its formation.
Since 2005, about 2,500 newspapers have ceased operations, according to The New York Times. This number is rising and many that are still in business have been forced to reduce staff.
Press Forward will allocate the $500 million to fund grants to support local newsrooms, provide resources to diverse publications and assist in developing collaborative tools such as legal support and membership programs, according to the announcement.
The MacArthur Foundation is leading the coalition and has pledged $150 million in grants, according to the NYT. It has frequently contributed to left-wing organizations such as Planned Parenthood, Tides Foundation and Environmental Defense Fund, according to its grants database, giving more than $5 million to each, according to InfluenceWatch.
Knight Foundation is also donating $150 million and has previously given over $1.2 million to nine universities and nonprofits to “combat disinformation in communities of color” in 2022, according to its website.