News outlets, long resistant to government help, take loans
https://abcnews.go.com/Entertainment/wireStory/news-outlets-long-resistant-government-loans-70295212NEW YORK -- The idea of taking government money was once anathema to news organizations that guarded their independence, but attitudes change when survival is at stake.
Axios disclosed to readers of its daily newsletter on Wednesday that it had received a small business loan as part of the federal coronavirus stimulus package. The Tampa Bay Times has said it received $8.5 million through the same program, and the Seattle Times got $9.9 million.
No bailouts for the media.
