Africa: Public Interest Media Fund Launched to Safeguard Press Freedom, Democracy ...Middle East

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Africa: Public Interest Media Fund Launched to Safeguard Press Freedom, Democracy
source : allafrica ( Middle East ) () 38
[allAfrica] Cape Town -- The International Fund for Public Interest Media (IFPIM) has launched the International Fund for Public Interest Media, an initiative intended to support public interest media around the world. The non-governmental organisation explains that the creation of the fund was a reaction to the eroding advertising-based business model, something that was exacerbated by the Covid-19 pandemic which saw shrinking revenues. In 2020, newspapers alone suffered a global revenue loss of U.S.$30 billion.

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