22 votes

Nonprofit trust buying Press Herald, other Maine newspapers in landmark deal

4 comments

  1. btpound
    Link
    Very glad to see this as someone in Maine! Even besides the importance of maintaining local journalism, just keeping the newspapers around is significant. So many places here still rely on "old...

    Very glad to see this as someone in Maine! Even besides the importance of maintaining local journalism, just keeping the newspapers around is significant. So many places here still rely on "old tech" to get information, it is an important piece for resiliency. Very often I feel like I'm living in 2009!

    10 votes
  2. chocobean
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    If they're aware of this and are cautiously optimistic then I will be as well

    “We are grateful that Reade Brower chose to pursue a nonprofit business model rather than sell his companies to the bad actors that have decimated news organizations across the country,” the executive board of the News Guild of Maine said

    If they're aware of this and are cautiously optimistic then I will be as well

    6 votes
  3. frostycakes
    Link
    I was about to mention that this sounds similar to what happened with Colorado Community Media; turns out the same people behind that move are behind this one. The main(e) difference seems to be...

    I was about to mention that this sounds similar to what happened with Colorado Community Media; turns out the same people behind that move are behind this one. The main(e) difference seems to be that there isn't another media org partnering with the National Trust for Local News, unlike here with the Colorado Sun being a partner.

    I can say that they've done a pretty good job so far; CCM does hyperlocal weekly papers for single suburban towns around metro Denver, and they have kept that focus up, but at a higher quality level than when CCM was an independent for profit operation, to boot. Assuming the model works on Maine as well, I can say that they should still be doing good local journalism, and it may even show a slight improvement in quality.

    4 votes
  4. MIGsalund
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    All news should be non-profit. When you introduce a profit motive it ceases to be news and becomes purely entertainment, and, in particular, rage bait.

    All news should be non-profit. When you introduce a profit motive it ceases to be news and becomes purely entertainment, and, in particular, rage bait.

    4 votes