News media’s financial woes during COVID-19

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Tens of thousands of news workers nationwide have been laid off, furloughed, or had their pay reduced. That’s according to the New York Times. Photo credit: Pixabay.

Living through this pandemic means many people are stuck at home and glued to the news. Readership and listenership are up. But with so many businesses shut down, fewer people are buying ads, and that spells big trouble for the people who bring you the news.