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# Why Meta’s withdrawal from journalism will hurt local media companies
- URL: https://werd.io/why-metas-withdrawal-from-journalism-will-hurt-local-media-companies/
- Published: 2022-11-16T20:07:38.000Z
- Updated: 2022-11-16T20:07:38.000Z
- Author: Ben Werdmuller
- Tags: #Import 2025-06-13 09:22

“Looking beyond LMA, any guesses on who is the largest funder of Report for America? That’s right. The Meta Journalism Project donated $6.5 million. I believe that’s a little more than 40% of the total raised to date. That means 120 reporters could go away if other funders don’t step up.” Repeat after me: don’t depend on Meta. For anything. [#Media](https://werd.io/tag/Media)

\[[Link](https://www.linkedin.com/pulse/why-metas-withdrawal-from-journalism-hurt-local-media-nancy-lane/)\]