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Health Crisis Crushing News Publishers

Within the U.S. news publishing industry, The New York Times estimates that the COVID-19 crisis has impacted the careers of approximately 28,000 workers. These employees have been laid off, furloughed, or had their pay reduced. “The news media business was shaky before the coronavirus started spreading across the country last month,” it writes. Now, “With businesses paused or closed … and no longer willing or able to pay for advertisements … a crucial part of the industry’s support system has cracked.”

Read the whole story at The New York Times »

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