The Texas Tribune has acquired the Austin Monitor
Today, we are delighted to share the news that The Texas Tribune has taken a critical step in its efforts to help strengthen Austin community news: We’ve acquired the Austin Monitor.
For years, the Monitor has served Austin with in-depth local coverage for interested and engaged residents. This acquisition will allow us to build on the Monitor’s mission to serve a growing city with more expansive needs.
Related Knowledge Center: State of the business model
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.