Facebook says it plans to put $300M into journalism projects

Here’s my latest piece for the Columbia Journalism Review, about Facebook’s announcement that it plans to put $300 million into various journalism projects over the next three years:

While Facebook described the funding news as a commitment to local journalism, and entitled its blog post, “Doing More to Support Local News,” Brown says the $300 million figure includes all of the social network’s funding of media and journalism, including the money it has been spending to get media companies to produce content for its Watch video feature. And while a focus on reporting sounds like a valuable thing, the funding Facebook is providing for both the Local Media Consortium and the Local Media A

Source: Facebook says it plans to put $300M into journalism projects – Columbia Journalism Review

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