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#WorldPressFreedomDay - 'Hope' for Media Despite Many Struggles

As the world's journalists observe World Press Freedom Day (May 3, 2023), the fourth estate continues its many struggles against authoritarianism and protracted funding struggles in an ever-changing industry.

The introduction of the International Fund for Public Interest Media, an initiative intended to support public interest media around the world, was a reaction to the eroding advertising-based business model, something exacerbated by the Covid-19 pandemic, which saw shrinking revenues. In 2020, newspapers alone suffered a global revenue loss of U.S.$30 billion.

InFocus

UNESCO

May 3 is Press Freedom Day.

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