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Facebook To Invest $100M In News Outlets During Coronavirus Crisis

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By Tom Grater International Film Reporter Facebook says it is investing $100M to support news reporting during the coronavirus pandemic.

The social media giant is putting up a $25M emergency relief fund for local news through its Facebook Journalism Project, and is placing a further $75M in additional marketing spend with news organizations around the world.

Campbell Brown, the company’s VP Global News Partnerships, announced the news in an online post. “Through the COVID-19 Community Network grant program, direct funding is helping journalists cover important stories when we all need them most,” she wrote. “We’re building on this work and will direct a portion of these funds to publishers most in need in the hardest hit countries.” The

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