FOR IMMEDIATE RELEASE
OCTOBER 30, 2023

PHOENIX, AZ – As part of a wide-reaching effort to bolster Arizona’s local media landscape, the Arizona Media Association (AMA) and Equimedia Advisors proudly announce a first-of-its kind partnership to grow the newly-launched Arizona Local News Foundation.

This partnership will focus on identifying new ways to build philanthropy, cooperative journalism and sustainable local news operations all across the state.

The Arizona Media Association is a 501-c(6) non-profit and Arizona’s official trade association for the state’s local media ecosystem across radio, TV, print and digital. Their membership includes more than 350 local brands and the vast majority of the state’s local news operations.

The Association is the first in the United States to bring together under one umbrella a coalition of local media brands from every platform. Their mission is to futureproof Arizona local media and protect its critical role in community connection.

The Association has also invested in the creation of a stand-alone 501-c(3) – the Arizona Local News Foundation – to connect the state’s communities with more local news and information. Overseen by an independent board of local journalism supporters, the new Foundation plans to fund programs that ensure local news is accessible, equitable and expanding across Arizona.

That’s where Equimedia Advisors comes in. They are a consultancy championing the causes of sustainable philanthropy, cooperative journalism, and thriving communities. With a track record of crafting equitable support systems that hinge on meticulous research, data-driven decisions and groundbreaking design, they are pushing boundaries for what’s achievable to foster a stronger democracy.

“As we build this new Arizona Local News Foundation, we are thrilled to have the expertise of Equimedia Advisors,” said Chris Kine, CEO of the Arizona Media Association. “This is a critical time for the future of local media and Arizona is ready to champion innovative approaches that help build a sustainable future for local news and information.”

“Partnering with the AMA is a natural fit for Equimedia Advisors,” said Andrew Ramsammy, Co-Founder and Managing Partner of Equimedia Advisors. “Arizona’s local media plays a pivotal role in community building. We’re eager to contribute to its evolution and sustainability, especially since I proudly call Arizona home. This collaboration further underscores Equimedia Advisors’ specific focus and strategy on the Southwest. With both California and Arizona now part of our flagship initiatives, our commitment to this region is evident.”

As this new collaboration unfolds, the Arizona community at large can expect a series of investments from the Arizona Local News Foundation that aim to preserve the essence of community journalism, whilst integrating new strategies that resonate with the ever-evolving media consumption habits of today’s audience.

For more information about the Arizona Media Association and Arizona Local News Foundation, visit azmedia.org. For more information about Equimedia Advisors visit equimediaadvisors.com.

PRESS CONTACTS:
Andrew Ramsammy, 480-227-5172, andrew@equimediaadvisors.com
Chris Kline, 602-252-4833, chris@azmedia.org