Chicago Public Media announces new donors as 'Sun-Times' acquisition is finalized
The donors include the John S. and James L. Knight Foundation, the Chicago Community Trust and the Joyce Foundation.
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The donors include the John S. and James L. Knight Foundation, the Chicago Community Trust and the Joyce Foundation.
Executives said the philanthropy is pledged over five years to help the paper improve its journalism, expand digitally and continue the print edition.
Chicago Mayor Lori Lightfoot has been spending campaign money faster than she has been raising it, leaving her with less political cash than she had shortly after winning office two
Lightfoot says she's got "national reach” and is not worried about having enough funds for her reelection bid.
The Sun-Times combination with WBEZ includes pledges of cash from foundations and a key backer of the deal.