Newsom plans no new journalism funding despite $175 million deal with Google

Newsom plans no new journalism funding despite $175 million deal with Google

By Yue Stella Yu | CalMatters Gov. Gavin Newsom’s budget proposal includes no money for a fund formed last year to boost the state’s local newsrooms, casting doubt on whether a heralded effort to help California journalists will amount to anything and how serious Newsom is about supporting the struggling industry. It’s a significant walkback from an August 2024 deal between state leaders and Google in which they agreed to jointly spend $175 mill…

Newsom plans no new journalism funding despite $175 million funding deal with Google

He included no new funding for local newsrooms in his budget, walking back a 2024 deal with Google to jointly pay $175 million over 5 years

Newsom plans no new journalism funding despite $175M deal with Google

Gov. Gavin Newsom’s office on Friday forecast a “modest shortfall” of $2.9 billion for the upcoming fiscal year, down sharply from previous estimates in a nearly $349 billion budget proposal that relies heavily on continued windfalls from tech and AI…