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Rep. Jane Galifetti proposes $3 million cap, 40% set-aside to direct state ad dollars to smaller news outlets
Summary
Representative Jane Galifetti proposed an amendment to a state advertising bill to cap eligibility at $3,000,000 in annual revenue and reserve 40% of funds for outlets under that threshold.
Representative Jane Galifetti proposed an amendment to a state advertising bill that would steer advertising dollars toward smaller Vermont news outlets by capping eligibility at $3,000,000 in annual revenue and reserving 40% of the program’s money for outlets below that threshold.
Galifetti said the change was intended to “bring advertising dollars back to Vermont” and to give “the smallest news media outlets” a seat at the table with larger organizations. She said she based the $3,000,000 figure on the previous year’s revenues for outlets she…
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