{"id":97,"date":"2015-07-03T21:33:45","date_gmt":"2015-07-03T21:33:45","guid":{"rendered":"http:\/\/journalismthatmatters.org\/pocantico\/?p=97"},"modified":"2015-07-03T21:33:45","modified_gmt":"2015-07-03T21:33:45","slug":"explore-acquiring-a-legacy-media-outlet","status":"publish","type":"post","link":"https:\/\/journalismthatmatters.org\/pocantico\/2015\/07\/03\/explore-acquiring-a-legacy-media-outlet\/","title":{"rendered":"Explore Acquiring a Legacy Media Outlet"},"content":{"rendered":"<p>Some Pocantico participants decided to explore the acquisition of legacy media outlets that have continued to be profitable even though there have been year-over-year declines. They will initially focus on a local newspaper with deep roots in a community, but there could be other opportunities.<\/p>\n<p>They will be assessing the viability of this approach and doing the necessary research to see what might be a legacy media outlet ripe for this, why previous proposals of this type succeeded or failed, and what information and potential funders or investors would be needed to come up with a plan.<\/p>\n<p>The goal is to improve the quality of local news by changing the mission from just making money to enrich for-profit companies to supporting and sustaining journalism and community information, more in line with parts of the independent journalism ecosystem.<\/p>\n<p><a href=\"https:\/\/journalismthatmatters.org\/pocantico\/wp-content\/uploads\/sites\/506\/2015\/07\/Aciton-Acquisition.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-79\" src=\"https:\/\/journalismthatmatters.org\/pocantico\/wp-content\/uploads\/sites\/506\/2015\/07\/Aciton-Acquisition.png\" alt=\"Aciton-Acquisition\" width=\"425\" height=\"487\" srcset=\"https:\/\/journalismthatmatters.org\/pocantico\/wp-content\/uploads\/sites\/506\/2015\/07\/Aciton-Acquisition.png 425w, https:\/\/journalismthatmatters.org\/pocantico\/wp-content\/uploads\/sites\/506\/2015\/07\/Aciton-Acquisition-262x300.png 262w\" sizes=\"auto, (max-width: 425px) 100vw, 425px\" \/><\/a><\/p>\n<p>Taking the lead on this effort:<\/p>\n<p><strong>Martin Reynolds<\/strong>, Senior Editor \u2013 Community Engagement, Bay Area News Group<\/p>\n<p><strong>Michael Stoll<\/strong>, Executive Director and Editor, San Francisco Public Press<\/p>\n<p>Others who pledged to help in the effort:<\/p>\n<p style=\"padding-left: 30px\"><strong>Kevin Davis<\/strong>, MakingNews.Biz, formerly of Investigative News Network (INN)<\/p>\n<p style=\"padding-left: 30px\"><strong>Craig Aaron<\/strong>, President and CEO, FreePress<\/p>\n<p style=\"padding-left: 30px\"><strong>Ricardo Sandoval-Palos<\/strong>, President, Board of Directors, Fund for Investigative Journalism<\/p>\n<p style=\"padding-left: 30px\"><strong>Michelle Garcia<\/strong>, freelance journalist and filmmaker<\/p>\n<p>For more details, please refer to:<\/p>\n<ul>\n<li><a href=\"https:\/\/journalismthatmatters.org\/pocantico\/2015\/07\/03\/rockefellerization-of-the-news\/\"><strong>Rockefellerization of the News<\/strong><\/a><\/li>\n<li><strong><a href=\"https:\/\/journalismthatmatters.org\/pocantico\/2015\/07\/03\/independent-media-acquiring-legacy-outlets\/\">Independent Media Acquiring Legacy Outlets<\/a><\/strong><\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some Pocantico participants decided to explore the acquisition of legacy media outlets that have continued to be profitable even though there have been year-over-year declines. They will initially focus on a local newspaper with deep roots in a community, but there could be other opportunities. They will be assessing the viability of this approach and [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-97","post","type-post","status-publish","format-standard","hentry","category-action-summary"],"aioseo_notices":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/posts\/97","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/comments?post=97"}],"version-history":[{"count":0,"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/posts\/97\/revisions"}],"wp:attachment":[{"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/media?parent=97"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/categories?post=97"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journalismthatmatters.org\/pocantico\/wp-json\/wp\/v2\/tags?post=97"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}