Nonprofit News Groups Considering a Merger.
In: New York Times, Jg. 161 (2012-02-03), Heft 55670, S. 21A
Online
Zeitungsartikel
Zugriff:
In early 2009, San Franciscans faced the very real prospect that theirs could be the first major American city without a daily newspaper. The city's only remaining broadsheet, the Hearst-owned San Francisco Chronicle, was in financial trouble and was slashing its reporting staff. Rumors spread that Hearst was considering letting the 145-year-old newspaper die. Warren Hellman, a San Francisco investor and philanthropist, told friends he was alarmed by the potential loss of quality news coverage in the Bay Area, and he commissioned McKinsey & Company to evaluate a purchase of The Chronicle. He rejected that plan and decided instead to create a new experiment in nonprofit civic journalism. The Bay Citizen was launched in 2010 with grand ambitions, $5 million in seed money, and a performance by Mr. Hellman's bluegrass band, The Wronglers, with Mr. Hellman twanging his banjo. [ABSTRACT FROM PUBLISHER]
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Nonprofit News Groups Considering a Merger.
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Autor/in / Beteiligte Person: | LEWIS, PETER H. |
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Zeitschrift: | New York Times, Jg. 161 (2012-02-03), Heft 55670, S. 21A |
Veröffentlichung: | 2012 |
Medientyp: | Zeitungsartikel |
ISSN: | 0362-4331 (print) |
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