James Murdoch, the son of billionaire media mogul Rupert Murdoch, and his wife Kathryn are close to a deal to fund a climate reporting division of the Associated Press, according to Axios.
The Murdoch couple will make a multi-million-dollar investment in the Associated Press as part of the deal, two sources familiar with the negotiations told Axios. The investment will go towards the creation of a new AP climate reporting hub which will employ 20 reporters.
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