MoneyBusiness

Actions

California newspapers seek state help as virus hits revenue

Posted
and last updated

California newspapers are asking the state to rescue their industry as the economic crisis from the coronavirus slashes print advertising revenues.

The California News Publishers Association made the dire request for grants and low-interest loans this week in a letter to the governor and state lawmakers. The group said 33 daily newspapers reported losing on average $1 million in print ads in March.

Newspapers also are seeking ways to boost readership, including sales tax exemptions and tax deductions for subscribers and advertisers. Hundreds of journalists have been laid off or furloughed during the pandemic.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Sunday

04/05/2026

Partly Cloudy

-° / 62°

1%

Monday

04/06/2026

Clear

88° / 55°

1%

Tuesday

04/07/2026

Clear

84° / 53°

0%

Wednesday

04/08/2026

Partly Cloudy

84° / 59°

2%

Thursday

04/09/2026

Partly Cloudy

83° / 58°

3%

Friday

04/10/2026

Rain/Thunder

78° / 56°

84%

Saturday

04/11/2026

Showers

69° / 54°

54%

Sunday

04/12/2026

Partly Cloudy

68° / 49°

24%