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Once seen as a savior, the nonprofit owner of the Portland Press Herald is now weighing layoffs

The Boston Globe · last updated
When the nonprofit National Trust for Local News acquired the Portland Press Herald, The Sun Journal in Lewiston, and 20 other Maine newspapers in 2023, it was seen by employees as a godsend. The new owners vowed to protect the jobs of Maine journalists even while seeking to modernize operations.

Related Knowledge Center: State of the business model

State of Play

The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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More informationabout State of the business model

Related Knowledge Center: Local media

State of Play

The hollowing out of the local news ecosystem has been well documented; in some communities, efforts are underway to reverse the growing news desert.


More informationabout Local media