Pittsburgh Post-Gazette announces it has found a buyer to keep the newspaper open

Pittsburgh Post-Gazette announces it has found a buyer to keep the newspaper open

AP News business

Key Points:

  • The Pittsburgh Post-Gazette, facing shutdown on May 3, has been saved by a last-minute purchase from the Venetoulis Institute for Local Journalism, a nonprofit that operates the Baltimore Banner.
  • The new owners plan to continue printing the Post-Gazette on Thursdays and Sundays while maintaining a daily online presence, aiming to sustain local journalism in Western Pennsylvania.
  • The Venetoulis Institute has appointed former Post-Gazette executive editor David Shribman to its board, signaling continuity in leadership amid ongoing financial and labor challenges.
  • While employees express cautious optimism about the sale, questions remain about staff retention and investment levels, with some journalists considering alternative cooperative news models.
  • Local leaders emphasize the importance of a strong, independent newspaper for Pittsburgh’s civic life and democracy, viewing the nonprofit transition as an opportunity to strengthen community-centered reporting.

Trending Business

Trending Technology

Trending Health