Nonprofit rescue keeps Pittsburgh Post-Gazette publishing

TL;DR
The 240-year-old Pittsburgh Post-Gazette was saved from closure when the Venetoulis Institute for Local Journalism—a nonprofit behind the Baltimore Banner—agreed to buy the paper’s assets from Block Communications and operate it starting May 4, with Block continuing to run its other properties. The deal aims to sustain local reporting through a diversified, nonprofit-supported model, even as union issues and existing liabilities remain a factor in the broader context of local journalism’s funding challenges.
Topics:businessmedia#local-journalism#media#media-funding#newspaper-industry#nonprofit-newsroom#pittsburgh
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