By Ted Johnson House Speaker Nancy Pelosi will unveil a $3 trillion coronavirus relief package that includes sought-after provisions to assist a wider scope of newspapers, radio and TV stations.
The proposal makes local news outlets eligible for small-business loans even if they are owned by much larger entities. Trade groups representing broadcasters and news publishers had sought those provisions, arguing that the dramatic drop in ad revenue was hitting individual markets.
But local stations have been ineligible for the loans because their parent companies had more than 500 employees, the cutoff for eligibility in the small business relief, known as the Paycheck Protection Program.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.