About the initiative
$4 million of funds from the Government’s $50 million media support package was targeted at media organisations that had yet to receive significant relief from the fund – in particular magazines and community newspapers.
335 publications received grants of more than $12,000 each. The successful applicants are listed here.
Funding from this initiative will go directly to each magazine or community newspaper rather than the overall business or national masthead.
Which organisations were not eligible for the initiative?
The intent of this initiative was to provide relief to New Zealand based organisations that produce publications with primarily journalistic content, that have been negatively impacted by Covid-19 and that have yet to receive significant relief from the media support package.
See here for a list of exclusions: Publications not eligible for initiative
What does impacted by COVID-19 mean?
The publication must demonstrate the impact of COVID-19 on its business, in line with the criteria for the wage subsidy (a 30% decline in actual revenue over the period of a month during Level 4 lockdown period, when compared with the same month last year, and that decline is related to COVID-19).
Updated on 23rd February 2021