The events of 2020 have reminded us of the value of journalism in informing and educating the public and documenting world-changing events. The response to the pandemic has also again highlighted threats to the sustainability of journalism, and to journalists themselves as they come under pressure from authoritarian governments passing laws which stifle freedom of the press. Our activities during 2019-20 detailed in our Annual Report have aimed to explore the array of challenges facing journalism and the value of the news media in society.