Pittsburgh Post-Gazette Acquired by Nonprofit Venetoulis Institute, Avoiding Closure
The Pittsburgh Post-Gazette, a historic newspaper with roots dating back to 1786, has been acquired by the Venetoulis Institute for Local Journalism, a nonprofit organization. This acquisition comes just weeks before the paper was scheduled to cease operations due to financial difficulties and a prolonged labor dispute. The Venetoulis Institute, which also operates the Baltimore Banner, plans to maintain the Post-Gazette's print editions twice a week and keep its newsroom and management in Pittsburgh. The sale marks the end of the Block family's ownership, which had lasted nearly a century. The financial terms of the deal were not disclosed. 
