In addition to Alphabet and Meta, many other companies have found success in the ad tech market by inserting themselves into advertising transactions that once took place between advertisers and publishers. However, three recent developments suggest that ad tech may be negatively impacting publishers even more than previously understood.
Some newspapers applying for the SBA’s PPP forgivable loan program using the affiliation waiver have experienced issues applying through their lenders. The News Media Alliance has been in contact with the SBA about this issue and we are offering assistance.
The News Media Alliance applauds the passage today of the American Rescue Plan Act of 2021 (H.R. 1319) – the $1.9 trillion stimulus package proposed by President Joe Biden – by the U.S. House of Representatives. The Senate approved the bill on Saturday. The legislation contains important pension relief that benefits community newspapers as well as pension stabilization for single-employer pension plans.
The News Media Alliance applauds Congress for approving another round of stimulus legislation, and for including an affiliation waiver that will allow previously ineligible news publishers to apply for the Small Business Administration (SBA) PPP loans as individual, independent entities.
The past nine months have been uniquely trying for us all; yet as we enter the holiday season, I am reminded of all that we have to be thankful for – yes, even in 2020. It may not be the year we envisioned back on January 1, but there have been some bright, shining moments for the news industry and for the Alliance in this strange, dark year.
On October 9, the United States Postal Service announced rate changes for Marketing Mail and for Periodicals mail.
The News Media Alliance commends Senators Ben Cardin (D-MD), Jeanne Shaheen (D-NH), Chuck Schumer (D-NY), and Chris Coons (D-DE) for introducing the “Heroes Small Business Lifeline Act” that provides a Small Business Administration (SBA) affiliation waiver that would allow more news publishers to apply for SBA loans under the Paycheck Protection Program (PPP)
A bipartisan group of policymakers in the House of Representatives on July 16 introduced H.R. 7640, the Local Journalism Sustainability Act, which, if enacted, would provide a series of tax credits for news consumers, news organizations and local newspaper and broadcast advertisers.
The News Media Alliance is a member of the COVID-19 Liability Coalition, organized by the U.S. Chamber of Commerce to advocate for the introduction of legislation that would ensure liability protection for businesses, nonprofit organizations, universities, and state and local agencies, from lawsuits if a customer or employee comes down with the coronavirus.
