Schwab points out the ethical dilemma of billionaire philanthropists bankrolling the news; an arrangement that allows media giants to push their agenda and control the public’s perception of them.

“As philanthropists increasingly fill in the funding gaps at news organizations—a role that is almost certain to expand in the media downturn following the coronavirus pandemic—an underexamined worry is how this will affect the ways newsrooms report on their benefactors,” said Schwab. “Nowhere does this concern loom larger than with the Gates Foundation, a leading donor to newsrooms and a frequent subject of favorable news coverage.”

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