Even with the news bailout still on the horizon, millions of dollars are already going out the doors of the federal government and landing in the hands of news publishers. With the media struggling to stay afloat, recent contracts could effectively act as a lifeline to a foundering industry.
When these contracts were initially reported by Blacklock’s Reporter last month, they were seen by some as though they might be a kind of pre-bailout by the government, appearing to represent new or significantly increased payments to news organizations.
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