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Recognizing the importance of digital journalism to the future of the industry, Columbia University’s Graduate School of Journalism today announced that it had raised $15 million to launch a new center focusing on just that.
The J-school has finally met a requirement to match a $5 million contribution from The Tow Foundation, setting the stage to establish the Tow Center for Digital Journalism at the Manhattan university. In making its gift in 2008, The Tow Foundation required Columbia to collect an additional $10 million from other sources within two years.