NEW YORK (AP) — In a significant development for the media landscape, the Pittsburgh Post-Gazette has announced that it has secured a buyer just weeks before a planned shutdown. The historic newspaper, which first began circulation in 1786, was on the brink of closure that would have resulted in Pittsburgh being the largest U.S. city without a city-based paper. The acquisition by the Venetoulis Institute for Local Journalism, known for publishing the digital Baltimore Banner, was confirmed by Block Communications, the Post-Gazette's current owners, although financial terms of the deal remain undisclosed. Under the new ownership, the newspaper will continue to print on Thursdays and Sundays, maintaining a website presence on the days in between. The expected closure date of May 3 no longer looms, promising continuity of local journalism for the Pittsburgh community.
Pittsburgh Post-Gazette Saved from Closure as New Ownership Emerges
The historic Pittsburgh Post-Gazette has found a buyer just before its impending closure, ensuring the continuation of local journalism.
The Pittsburgh Post-Gazette, dating back to 1786, will remain operational after being acquired by the Venetoulis Institute for Local Journalism. The newspaper, facing shutdown, will continue its print publication two days a week and maintain an online presence. This acquisition secures the future of local news in Pittsburgh, averting its status as the largest U.S. city without a local newspaper.
