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California and Google Finalize Civic Media Fund with $10 Million Each in First-Year Contributions

The fund, aimed at supporting local journalism, will be managed by the California State Library and include an AI innovation accelerator.

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Overview

  • California and Google have each pledged $10 million for the first year of the California Civic Media Fund, down from initial commitments of $30 million and $15 million respectively.
  • The fund will be overseen by the California State Library with input from a board of publisher representatives to ensure fair distribution of resources.
  • Google has committed to matching additional public or private donations and will continue its existing support for newsrooms through the Google News Initiative.
  • An AI innovation accelerator is included in the initiative to develop tools aimed at enhancing newsroom operations and media sustainability.
  • The partnership follows legislative efforts to mandate tech platform payments to news publishers, with the fund seen as a compromise to support the struggling local news industry.