Page 16 - Nykia Wright News Today

The noncash transfer will not be final until contracts are approved, but both media organizations said they hope to close on the deal by the end of the month.

The Chicago Public Media board voted Tuesday to move forward with its acquisition of the Chicago Sun-Times, joining the daily newspaper with WBEZ-FM 91.5 as one nonprofit newsroom.

In an unlikely media deal, the big-city tabloid will become a subsidiary of the nonprofit organization that brings listeners “All Things Considered.”

The Chicago Public Media board voted Tuesday evening to move forward with its acquisition of the Chicago Sun-Times, combining the long-struggling daily newspaper with resurgent public radio station WBEZ-FM 91.5

The board that controls public radio station WBEZ on Tuesday approved the acquisition of the Chicago Sun-Times, taking a major step forward in a deal to create...

The board that controls public radio station WBEZ on Tuesday approved the acquisition of the Chicago Sun-Times, taking a major step forward in a deal to create one of the largest nonprofit news organizations in the country.

The two orgs say they will maintain their own newsrooms and independence

For a couple of news organizations that demand transparency from everyone else, theres been little of it from the Chicago Sun-Times and Chicago Public Media, parent company of news/talk WBEZ 91.5-FM.

The Board of Directors of Chicago Public Media— the parent of WBEZ— unanimously approved a non-binding letter of intent for the group and the Sun-Times to explore joining together as a local nonprofit news organization.

The two newsrooms would “create one of the largest local nonprofit news organizations in the nation."