Nonprofit Acquires 22 Maine Newspapers, Shaping Future of Journalism
The National Trust for Local News, a nonprofit organization, is set to purchase 22 newspapers in Maine, including The Portland Press Herald and The Sun Journal of Lewiston, from Masthead Maine. The deal includes five daily papers and 17 weeklies, and is expected to be completed by the end of July. The nonprofit aims to preserve local ownership and strengthen communities through independent, nonpartisan local journalism. This acquisition is seen as a significant moment for Maine journalism, as many local newspapers have shut down in recent years due to declining print circulation and advertising revenue. The National Trust for Local News, based in Denver, already owns 24 local newspapers in Colorado and has philanthropic funders such as the Gates Family Foundation and the Google News Initiative.
- Nonprofit Buys 22 Newspapers in Maine The New York Times
- Nonprofit trust buying Press Herald, other Maine newspapers in landmark deal Press Herald
- With pending newspaper sales, nonprofits set to take a bigger role in Maine journalism Maine Public
- 6 weeklies not included in Maine newspaper chain's landmark sale Bangor Daily News
- Portland Press Herald among 20 Maine newspapers bought by nonprofit NewsCenterMaine.com WCSH-WLBZ
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