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Non Profit News Organizations featured in L.A. Times article

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The L.A. Times has a story today on the increasing number of nonprofit news organization in California.  Here are some of the highlights of their story:

  • Philanthropists big and small have stepped up to fill the financial void left as advertising — and staffing — at traditional news outlets has withered away. Sponsors announced the biggest and most ambitious of the new nonprofit reporting endeavors last week as San Francisco venture capitalist, philanthropist and bluegrass aficionado Warren Hellman pledged $5 million to create a new journalism operation in the Bay Area.
  • It’s hard to imagine that at current scale the nonprofit upstarts will completely patch over all the news holes that have been left behind by traditional news operations that have hemorrhaged advertising dollars and top-flight reporters.  But readers can expect to see more stories from the philanthropic news teams picked up by for-profit media outlets.
  • In Southern California, the 5-year-old Voice of San Diego is a relatively venerable institution in the quickly expanding nonprofit journalism world. Like others in the field, its leaders have been determined to expand and diversify their financial base.  Editor Andrew Donohue said that 70% of the money today comes from foundations, corporate sponsors and citizen-members and 30% from the two founder-philanthropists who once paid for the entire operation.

Please take a moment to read the entire L.A. Times article on nonprofit news.  Dallas South News is way ahead of the curve as far as Texas is concerned.

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