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The economic fallout of the coronavirus for the news media has been devastating across the board. In the United States tens of thousands of journalists lost their jobs and the remaining journalists work under exceedingly difficult circumstances. The news media in Germany and Europe face similar challenges. While many commercial media outlets have to cope with considerable financial losses due to declining advertising revenues, audiences were more dependent than ever on accurate reporting about COVID-19. At the same time the reach of social media is expanding exponentially, exacerbating the risks of echo chambers and polarization.
Alexandra Borchardt. Head of Digital Journalism Fellowship, Hamburg Media School and Professor for Media Transformation, Universität der Künste, Berlin
Jasmin Off, Deputy Editor in Chief, Lübecker Nachrichten
Penelope Muse Abernathy, Knight Chair in Journalism and Digital Media Economics, Hussman School of Journalism and Media, University of North Carolina
Tim Franklin, Senior Associate Dean, Medill School of Journalism, Media, Integrated Marketing Communications, Northwestern University
Paul Linnarz, Director, KAS office USA (Moderator)