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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 Buyer, Avoids Closure

The historic Pittsburgh Post-Gazette has found a buyer just weeks before its anticipated shutdown, ensuring the continuation of local journalism in the region.

Source: AP1 min read

In brief

In a surprising turn of events, the Pittsburgh Post-Gazette will remain operational after the Venetoulis Institute for Local Journalism agreed to purchase the newspaper from its current owners, Block Communications. The Post-Gazette, which has been a staple of Pittsburgh's news landscape since 1786, was set to close on May 3, leaving the city without a local paper. The new ownership plans to maintain the print schedule, releasing editions on Thursdays and Sundays, while providing digital content on other days.

NEW YORK (AP) — Less than a month before its scheduled shutdown, the Pittsburgh Post-Gazette has announced a new buyer that will keep the historic newspaper in operation. This comes just weeks ahead of its planned closure on May 3, a shutdown that would have left Pittsburgh as the largest city in the United States without a local daily newspaper.The impending closure has been a topic of concern for many locals, given that the Post-Gazette's roots trace back to 1786, making it the first newspaper established west of the Allegheny Mountains. The newspaper's owners, Block Communications, have reached an agreement with the Venetoulis Institute for Local Journalism, which is known for publishing the digital platform, Baltimore Banner. Financial details of the acquisition were not disclosed.Under the new ownership, the Post-Gazette will continue its tradition of print journalism, releasing newspapers on Thursdays and Sundays, while also operating a website on other weekdays. This development brings a sense of relief to the community and affirms the vital role of local journalism in Pittsburgh.

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