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BusinessThe Pittsburgh Post-Gazette has secured a buyer, the Venetoulis Institute for Local Journalism, to keep the newspaper operational, averting its impending closure. The new owners plan to maintain a limited print schedule and continue its digital presence.

Pittsburgh Post-Gazette Secures New Ownership, Avoiding Closure

The historic Pittsburgh Post-Gazette has found a buyer who will ensure the newspaper remains in operation, averting a significant loss for the city.

Source: AP1 min read

In brief

With less than a month until its scheduled shutdown, the Pittsburgh Post-Gazette announced it has been acquired by the Venetoulis Institute for Local Journalism. The sale will allow the newspaper to continue printing on Thursdays and Sundays while maintaining an online presence on other days.

NEW YORK (AP) — In a last-minute development, the Pittsburgh Post-Gazette has revealed it has found a buyer in the Venetoulis Institute for Local Journalism, ensuring that the storied newspaper will continue its operations. Established in 1786, the Post-Gazette is known as the first newspaper west of the Allegheny Mountains, and its potential closure would have made Pittsburgh the largest city in the U.S. without a local newspaper. The new owners, who also publish the digital Baltimore Banner, have committed to maintaining the print edition twice a week, on Thursdays and Sundays, along with a digital platform for the remaining days. The newspaper was initially set to shut down on May 3, but this acquisition brings a glimmer of hope to the Pittsburgh community and highlights the ongoing evolution of local journalism.

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