Three public radio stations acquire Gothamist sites

Three public radio stations acquire Gothamist sites

WNYC, a NY public radio station, said Friday will take over the three locally focused news sites after funding was provided by two anonymous donors.

New York Public Radio may not make billions like Ricketts' businesses, but it's still got a nice nest egg. The assets acquired will enable the stations to expand their digital footprint and support their shared missions to reflect and serve their listeners and the public.

Three public radio stations are behind the resurrection.

An article from Wired states that "the deal was spearheaded by Gothamist founders Jake Dobkin and Jen Chung", with the anonymous donors contributing an "undisclosed" sum.

In November 2017, the Gothamist Network was shut down by its billionaire owner Joe Ricketts, taking along with it several online publications including the sites LAist, DCist and Gothamist which reported stories in their respective markets.

"We're going to figure this out step-by-step", said Jim Schachter, vice president for news for WNYC.

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Other public media outlets WNYC, in NY, acquired Gothamist and KPCC, in California, acquired LAist. In a statement, WAMU Senior Director of Content and News Andi McDaniel said the acquisition will help add to its digital presence, while at the same time expanding coverage at the "neighborhood level".

In an open letter to Southern Californians, KPCC Chief Content Officer Kristen Muller said that when LAist went dark, "a collective shudder ran through our newsroom". "It will strengthen our ability to provide Angelenos with high-quality journalism on a variety of platforms".

"I can't think of a better home for these sites and their archives than WNYC and public radio stations KPCC and WAMU", he said.

Though the financial details weren't disclosed, the station says the acquistition resulted from a competitive process. The abrupt move was made soon after Gothamist employees voted to unionize. WNYC broadcasts on 93.9 FM and AM 820 to listeners in NY and the tri-state area, and is available to audiences everywhere atWNYC.org, the WNYC app and through major digital radio services, all made possible through the generous support of our members, donors and sponsors.

"For more than a decade, Gothamist served as a source of trusted local news".

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