'Tell stories that matter:' Colorado Community Media sold to journalism partnership
Colorado Community Media, the company that produces two dozen newspapers around the Denver-area suburbs, has been acquired by a local and national partnership with the goal of building a sustainable business model for local news, its ownership announced on May 3.
Jerry and Ann Healey, the couple who built the company over the past decade, sold the network of papers that now spans eight counties and dozens of communities to a joint partnership between the National Trust for Local News, or NTLN, and The Colorado Sun.
The acquisition is the first for NTLN, a nascent nonprofit that seeks to leverage national foundation funding to buy and bolster local newspapers threatened by faltering business models and the encroachment of hedge funds and corporate conglomerates.
The Colorado Sun, a statewide news outlet founded and run by former Denver Post journalists, will oversee daily operations at Colorado Community Media. Together the partnership will be called the Colorado News Conservancy.
Read more: https://coloradocommunitymedia.com/stories/tell-stories-that-matter-colorado-community-media-sold-to-journalism-partnership,376195
