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Chicago Public Media owners of WBEZ-FM Votes To Pursue Chicago Sun-Times Purchase

Y2kTheNewOldies

Y2kTheNewOldies


The Chicago-Sun Times will be converted into a non-profit news service if this deal is approved.

Today Chicago Public Media, Chicago’s largest public media organization and home to NPR news source WBEZ Chicago, and the Chicago Sun-Times, the “hardest-working paper in America” and Chicago’s oldest continuously published daily newspaper in the city, announced they have signed a non-binding letter of intent while they explore joining together as one organization to grow and strengthen local journalism in Chicago.

Upon reaching a final agreement, Chicago Sun-Times would become a subsidiary of Chicago Public Media, to create one of the largest local nonprofit news organizations in the nation and be a national model for the future of local journalism. The two news brands, WBEZ and Sun-Times, would continue to serve their respective audiences.
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Great idea. Newspapers and radio stations work well together. They have for many years. Moving newspapers and radio stations away from investment groups and over to community-based non-profit organizations is good for both things.
 
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