Republished from theajp.org. Read full press release here.

LOS ANGELES – Sept. 10, 2024 – A coalition of Los Angeles media and philanthropy leaders have joined forces in the wake of drastic losses in local journalism resources, raising $15 million to grow and support robust, independent local press in the region.

The L.A. Local News Initiative will launch a nonprofit organization that will operate and support local newsrooms in Los Angeles to provide coverage at neighborhood, regional, and state levels in service of L.A. communities. The initiative aims to increase the volume of coverage that enables residents to take effective action and navigate life on a local level, and that represents all L.A. communities in public discourse. It will also increase accountability journalism that keeps in check the billions of dollars in government and private spending affecting the Angelenos.

The new organization will be governed by a board representing local and national leaders in journalism, philanthropy, and business, including board chair Monica Lozano, former editor, publisher and CEO of La Opinión; Kevin Merida, former executive editor of the LA Times; Giselle Fernandez, Emmy-award winning anchor at Spectrum News; Gerun Riley, president of The Eli and Edythe Broad Foundation; and Michael Ouimette, chief investment officer of the American Journalism Project. It has launched public searches for its founding chief executive officer and executive editor—more information about these roles, and additional openings, will be on its website at http://localnewsforla.org/jobs.

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