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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 Finds Buyer, Secures Future Amid Closure Threat

The Pittsburgh Post-Gazette, on the brink of shutting down, has announced its acquisition by the Venetoulis Institute for Local Journalism, ensuring the continuation of the city's historic newspaper.

Source: AP1 min read

In brief

In a crucial turn of events, the Pittsburgh Post-Gazette has found a buyer, Venetoulis Institute for Local Journalism, just weeks before its planned closure. With roots dating back to 1786, this decision prevents Pittsburgh from losing its last city-based newspaper. The Post-Gazette will continue its publication twice a week and maintain an online presence on other days.

NEW YORK (AP) — In a surprising development, the Pittsburgh Post-Gazette, facing imminent closure, has secured a buyer that will allow it to continue operations. The historic newspaper, founded in 1786 as the first publication west of the Allegheny Mountains, was set to cease operations on May 3, leaving Pittsburgh without a city newspaper.The new owners, Venetoulis Institute for Local Journalism, who also run the digital publication Baltimore Banner, did not disclose financial terms of the deal. Under this new management, the Post-Gazette will maintain its print editions on Thursdays and Sundays and will run its website on other days, ensuring continued local news coverage for the community.

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