An anticipated $30 million payout to support California newsrooms will be slashed by $20 million during the state’s 2025-26 fiscal year.
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Cutting the state payment by two-thirds "moves California in the wrong direction at a time when local journalism is collapsing across the
state," says Steven Waldman, president of Rebuild Local News, according to the Los Angeles Times. "We urge the Legislature to hold an open, transparent hearing to assess the impact of this
shortfall and explore ways to ensure funding matches the scale of the crisis."