California’s Newspaper Deal Sputters

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Politico: “A landmark deal between California and tech titan Google to support local newspapers struggling to stay afloat amid incursions by online competitors and aggressive hedge funds is running into one brick wall after another.”“The agreement is tangled in budget cuts, bureaucratic infighting and unresolved questions about who controls the money, leaving journalists empty-handed and casting doubt on whether the lofty experiment will ever live up to its promise… Not a single newsroom has seen a dollar of funding, and there’s no definitive timeline spelling out when they will.”