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Colo. digital news trust buys 24 Front Range newspapers

Discussion in 'Journalism topics only' started by 2muchcoffeeman, May 3, 2021.

  1. 2muchcoffeeman

    2muchcoffeeman Well-Known Member

    These are all smaller publications in the Denver metro area.



    All too often these days, hedge funds are the first ones in line to buy newspapers, and no one wanted to see that happen. News is too important to be left to absentee owners who care only about double-digit profits, not the journalists and the communities they serve.

    Together, The Sun and the National Trust have purchased Colorado Community Media, which has 24 weekly and monthly newspapers serving eight counties including and surrounding Denver. Some of these newspapers are more than 100 years old (the Golden Transcript alone is 153 years old), and they range from Castle Rock to Brighton, Evergreen to Arvada, Parker to Denver’s Washington Park and beyond. Check out the new site coloradonewsconservancy.com for further details. You’ll also see a full list of newspapers later in this column.

    The Sun and the National Trust will own and operate these newspapers together under the new title of Colorado News Conservancy, which — like The Sun — is a public benefit corporation dedicated to serving Colorado readers.

    This is a bit of a departure for The Colorado Sun, which has been an all-digital news site since our founding in 2018. But our entire staff has extensive experience in the print newspaper world, so we’re confident we still remember how it’s done. And the preservation of these newspapers is absolutely part of our mission of public service.​

    Colorado Sun purchases 24 Front Range newspapers with National Trust
     
  2. maumann

    maumann Well-Known Member

    Excellent. Best of luck. There's still a niche for community papers who can serve both local residents and local advertisers.
     
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