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New Deal: Colorado-national consortium buys community papers By JAMES ANDERSONMay 4, 2021 GMT DENVER (AP) — The Colorado Sun, a Denver-based online news operation created three years ago by journalists who left The Denver Post, has partnered with a national nonprofit to buy 24 community newspapers in a unique venture that seeks to preserve local journalism. The arrangement adds to a growing number of newspapers receiving boosts from nonprofits that are devoted to protecting journalism in the United States where private equity or hedge funds buy up and consolidate financially struggling leg...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. 24 Community Newspapers in Colorado Acquired by Local and National Funding Consortium National Trust for Local NewsMay 3, 2021 GMT Denver, CO, May 03, 2021 (GLOBE NEWSWIRE) -- A first-of-its-kind local and national partnership has facilitated the purchase of a network of 24 weekly or monthly newspapers in Colorado, preserving local mission-focused community ownership. This new collaboration creates a viable and replicable alternative to national consolidation of local news outlets by private equity ...

A sign from a rally against the ownership of the Denver Post, Alden Global Capital, in May 2018. Former Post journalists created the Colorado Sun that year; now the Sun has acquired two dozen suburban Denver papers. A group of disheartened former Denver Post editors and reporters launched an upstart news site 2 1/2 years ago, called it The Colorado Sun, and hoped it could rescue local news coverage from the dictates of hedge fund owners and Wall Street investors. On Monday morning, The Sun announced it had acquired and would operate a family-owned chain of 24 suburban newspapers around Den...

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