Is going non-profit the future of local newspapers?
NPR’s David Folkenflik speaks with Steve Grove, CEO and publisher of the Minnesota Star Tribune, about the future of newspapers and if going non-profit will strengthen them.
For years, the Minnesota Star Tribune has been pointed to as a rare model of financial success in the news business. They’ve managed to stay solvent, even thrive. The newspaper is owned by the billionaire entrepreneur Glen Taylor, and it produces critically acclaimed journalism. They just won a Pulitzer Prize this spring. But the Star Tribune recently laid off 15% of its staff, and there’s an even bigger change in store. Its CEO, Steve Grove, announced it would be pursuing a nonprofit model, joining an increasing number of big city papers. Steve Grove joins us now. Steve, thanks for joining us on WEEKEND EDITION.
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