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Pittsburgh Post-Gazette Secures New Ownership to Prevent Closure

Pittsburgh Post-Gazette Secures New Ownership to Prevent Closure

The Pittsburgh Post-Gazette, a historic newspaper with roots dating back to 1786, has been saved from closure by a last-minute acquisition by the Venetoulis Institute for Local Journalism. The nonprofit organization, known for publishing the digital Baltimore Banner, has agreed to purchase the assets of the Post-Gazette from its current owners, Block Communications. This acquisition comes just weeks before the newspaper was scheduled to shut down on May 3, 2026. The Venetoulis Institute plans to continue the publication of the newspaper on Thursdays and Sundays, while maintaining a digital presence on other days. The financial details of the transaction have not been disclosed. The move is seen as a significant step in preserving local journalism in Pittsburgh, which would have become the largest U.S. city without a city-based newspaper had the Post-Gazette closed.
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Pittsburgh Post-Gazette Secures Nonprofit Buyer to Prevent Closure

Pittsburgh Post-Gazette Secures Nonprofit Buyer to Prevent Closure

The Pittsburgh Post-Gazette, a historic newspaper in western Pennsylvania, has found a buyer just weeks before it was set to close. The Venetoulis Institute for Local Journalism, known for publishing the digital Baltimore Banner, has agreed to purchase the newspaper's assets. This acquisition aims to keep the Post-Gazette operational, continuing its print editions on Thursdays and Sundays while maintaining a digital presence on other days. The newspaper, which dates back to 1786, faced closure due to financial struggles exacerbated by the changing media landscape. The Venetoulis Institute plans to invest in local journalism and has appointed former executive editor David Shribman to its board. The acquisition is seen as a positive development for the community, ensuring the continuation of local journalism in Pittsburgh.
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Pittsburgh Post-Gazette Acquired by Nonprofit, Ensuring Continued Operation

Pittsburgh Post-Gazette Acquired by Nonprofit, Ensuring Continued Operation

The Pittsburgh Post-Gazette, a longstanding newspaper in Western Pennsylvania, will continue operations beyond its planned closure date of May 3, following its acquisition by the Venetoulis Institute for Local Journalism. This Maryland-based nonprofit, which also owns the Baltimore Banner, has purchased the paper from Block Communications, its owner for the past century. The acquisition is set to take effect on May 4, although the terms of the deal have not been disclosed. The Venetoulis Institute plans to maintain the Post-Gazette's Thursday and Sunday print schedule and will integrate some operations, such as technology, with its existing teams. The acquisition aims to revitalize local journalism in the region, with a focus on community engagement and investment in journalism.
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Pittsburgh Post-Gazette Saved from Shutdown by Acquisition from Baltimore Banner Publisher

Pittsburgh Post-Gazette Saved from Shutdown by Acquisition from Baltimore Banner Publisher

Pittsburgh Post-Gazette Saved from Shutdown by Acquisition from Baltimore Banner Publisher
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Pittsburgh Post-Gazette announces it has found a buyer to keep the newspaper open

Pittsburgh Post-Gazette announces it has found a buyer to keep the newspaper open

Owners of the Pittsburgh Post-Gazette said they have found a buyer who had agreed to keep the newspaper open, less than a month before it was due to shut down
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Venetoulis Institute Acquires Pittsburgh Post-Gazette, Averting Closure

Venetoulis Institute Acquires Pittsburgh Post-Gazette, Averting Closure

The Pittsburgh Post-Gazette, a historic newspaper with roots dating back to 1786, was on the brink of closure due to financial difficulties and labor disputes. However, the Venetoulis Institute for Local Journalism, the parent company of the Baltimore Banner non-profit news website, has stepped in to acquire the paper for an undisclosed sum. This acquisition is seen as a lifeline for the Post-Gazette, which was set to cease operations next month. The decision by Block Communications, the previous owner, to close the paper was influenced by significant financial losses and a prolonged strike by employees over unfair labor practices. The acquisition aims to revitalize local journalism in western Pennsylvania, with plans to rehire many of the laid-off employees. The transaction is set to take effect on May 4, just a day after the paper was scheduled to close.
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Venetoulis Institute Acquires Pittsburgh Post-Gazette, Ensuring Continued Publication

Venetoulis Institute Acquires Pittsburgh Post-Gazette, Ensuring Continued Publication

Venetoulis Institute Acquires Pittsburgh Post-Gazette, Ensuring Continued Publication
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Venetoulis Institute Acquires Pittsburgh Post-Gazette to Prevent Closure

Venetoulis Institute Acquires Pittsburgh Post-Gazette to Prevent Closure

The Pittsburgh Post-Gazette, a historic newspaper dating back to 1786, has been saved from closure by the Venetoulis Institute for Local Journalism. The nonprofit organization, known for publishing the digital Baltimore Banner, finalized the acquisition of the newspaper's assets just weeks before it was set to shut down. The Post-Gazette's closure would have left Pittsburgh as the largest U.S. city without a local newspaper. The new owners plan to continue printing the newspaper on Thursdays and Sundays while maintaining a digital presence throughout the week. The acquisition comes at a challenging time for the newspaper industry, which has faced significant disruptions due to the internet's impact on traditional revenue models.
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Banner Parent Company Acquires Pittsburgh Post-Gazette to Prevent Closure

Banner Parent Company Acquires Pittsburgh Post-Gazette to Prevent Closure

Banner Parent Company Acquires Pittsburgh Post-Gazette to Prevent Closure
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Pittsburgh Post-Gazette Secures Future with Nonprofit Acquisition

Pittsburgh Post-Gazette Secures Future with Nonprofit Acquisition

Pittsburgh Post-Gazette Secures Future with Nonprofit Acquisition
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Pittsburgh Post-Gazette Acquired by Nonprofit Media Organization, Ensuring Continued Publication

Pittsburgh Post-Gazette Acquired by Nonprofit Media Organization, Ensuring Continued Publication

Pittsburgh Post-Gazette Acquired by Nonprofit Media Organization, Ensuring Continued Publication
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Pittsburgh Post-Gazette Sold to Nonprofit Venetoulis Institute, Ensuring Continued Operation

Pittsburgh Post-Gazette Sold to Nonprofit Venetoulis Institute, Ensuring Continued Operation

The Pittsburgh Post-Gazette, a historic newspaper founded in the 18th century, will continue its operations after being sold to the nonprofit Venetoulis Institute. This decision comes after the paper's parent company, Block Communications Inc., announced plans to cease its coverage in May. The Venetoulis Institute, which also manages the Baltimore Banner, a Pulitzer Prize-winning nonprofit newsroom, will take over the Post-Gazette. The sale marks the end of nearly a century of ownership by the Block family. The transition is set to occur on May 4, just a day after the paper was initially scheduled to close. The Post-Gazette will maintain its print and online presence, publishing twice weekly on Thursdays and Sundays.