Facebook has just taken various measures to help the worldwide effort against the spread of the coronavirus, most as of late by opening up its Messenger platform to governments, and in reporting intends to put $100 million in independent companies far and wide. Presently, the stage says it will put aside an extra $100 million to help the news industry and journalists during the coronavirus emergency.
In a post on Facebook’s Journalism Project portal, the organization says it perceives that advertisement incomes are declining “when news coverage is required like never before,” at a time when journalists are needed more than ever “when we as a whole we need them most.” Of the grant, $25 million will be set aside as emergency funding for local news through the Facebook Journalism Project, and $75 million will be given as additional marketing spend to move money to news organizations around the world.
The first round of awards has just been given to 50 nearby newsrooms in the US and Canada. The Post and Courier in South Carolina utilized its award to bring down its paywall for coronavirus-related stories, for instance, while Southeast Missourian is utilizing the cash to help reinforce its remote work innovation.
The funding program is the most recent move by Facebook to help brace solid news inclusion during this dubious time. Toward the end of February the stage began forbidding advertisements advancing coronavirus “cures,” and later offered the World Health Organization free promotions to counter misinformation encompassing the episode.