Senate Approves Hundreds Of Billions More For Small Business Coronavirus Relief, Local Media Provisions Not Included

While many entertainment and media businesses undoubtedly will pursue the PPP money, the legislation does not include a provision sought after to specifically provide relief to a larger number of local media outlets, including newspapers, radio and TV stations that have been hit hard from a plunge in advertising revenue.

“Even though these news outlets may be owned by larger groups, they operate independently,” they wrote. “It doesn’t look like it got in this round, but there will be more rounds to follow,” David Chavern, president and CEO of the News Media Alliance, said in an email. “We are going to keep fighting for it, along with a new government advertising program.”

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Senate approves $484B relief package for small business, hospitals, testingBREAKING: Senate unanimously approves bipartisan deal that will pump another $310 billion into the Paycheck Protection Program. The overall deal to which lawmakers and the White House agreed tops $484 billion. Let's hope they distribute it right this time instead of giving the larger company's 10 billion dollars and the little company's nothing Now let's read the details buried within the bill... BREAKING: The deal also provides an additional $75 billion to hospitals and $25 billion for testing, including resources for states.
Fuente: ABC - 🏆 471. / 51 Leer más »