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Local News Blues / Amos Gelb / Jul 8, 2024
“If JPMorgan really wanted to support local journalism, it could give direct grants or offer low/no fee loans to local news orgs. That would truly help local journalism and do what the bank does best because local news orgs generally suck at financials. Think of the potential of local bank managers working with news orgs to help them manage their finances and develop a path to sustainability. The news orgs benefit, JPMorgan makes a real difference, the burden is diffused among local branches, and everyone wins. So why does JPMorgan need AJP?”
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