The Pittsburgh Post-Gazette will continue to publish now that it's been purchased by the Baltimore Banner's parent company, turning the paper into a nonprofit news outlet.
The Pittsburgh Post-Gazette will continue to publish now that it's been purchased by the Baltimore Banner's parent company, turning the paper into a nonprofit news outlet.
On Tuesday, the Post-Gazette announced its owners, Block Communications Inc. would sell its assets to the Venetoulis Institute for Local Journalism, the nonprofit publisher of the Pulitzer Prize-winning Baltimore Banner.
“Venetoulis is committed to solving a national problem, to providing high-quality local journalism where it’s most needed,” said Bob Cohn, CEO of The Banner. “That is our civic mission. And here is an opportunity to do that in a market where the 240-year-old incumbent is going out of business or could be sold.”
The sale marks the continuation of one of the oldest newspapers published west of the Allegheny Mountains. The Pittsburgh Gazette Times was founded in 1786 and published weekly. The paper took its current form as the Post-Gazette in 1927.
Under new ownership, the paper will keep its name and maintain its two print publication-day model, printing on Thursday and Sunday.
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