Summary
The Pittsburgh Post-Gazette found a last-minute buyer, the Venetoulis Institute for Local Journalism, to keep the newspaper open. The paper was set to close on May 3, but now it will continue operations with print editions on Thursdays and Sundays and a website for other days.
Key Facts
- The Pittsburgh Post-Gazette was almost shut down but found a new owner just in time.
- The new owner is the Venetoulis Institute for Local Journalism, which also runs the Baltimore Banner.
- The financial details of the deal have not been shared.
- The Post-Gazette will print two days a week and run a website on other days.
- The newspaper was established in 1786 and is important to the Pittsburgh community.
- The decision to keep the paper running avoids Pittsburgh becoming the largest U.S. city without a local newspaper.
- The Baltimore Banner, run by the new owners, has been successful and has grown to have many subscribers.
- The new owners aim to support and invest in local journalism.
