In late August, Google announced an agreement with the State of California (USA) to create a fund to finance local journalism jobs and AI research that will reach US$ 250 million in five years.
The commitment contemplates a contribution from Google of US$ 180 million and obtaining the remaining money from public funds.
One of the downsides of this agreement is that the fund could could exclude smaller and emerging publications (with an income under US$ 100,000 and less than two years old) by virtue of the bill that the State of California had been preparing before this agreement was announced and which it has helped to suspend, generating doubts and questions about the type of relationship that must exist between political power and platforms in the territorial space in which they operate.
On the other hand, at a regional level, support for media in Latin America through the Google News Initiative has generated dependency issues according to a recent study by CNTIThis is because although the program has funded 81 innovative projects, it is noted that the contributions of the technology giant could turn into a strategy to mitigate criticism and avoid regulations, particularly in countries like Brazil.
The report also highlights various challenges, such as a lack of long-term sustainability and the risk of organizations depending from a single source of funding.
This information leads to several questions, such as whether there are other emerging financing models that allow ensuring the sustainability of journalism in the digital context -especially at a local level-, guaranteeing its existence without depending on big tech or other technology platforms, as well as the role played by the states in this dilemma.