Gothamist Properties Will Be Revived Under New Ownership
Nearly four months after their billionaire owner shut them down, local news sites Gothamist, LAist and DCist will come back to life under new ownership: public radio stations.
WNYC in New York will buy Gothamist, Southern California’s KPCC will acquire LAist, and WAMU in Washington, D.C., is taking over DCist.
WNYC says the move is largely funded by two anonymous donors “who are deeply committed to supporting local journalism initiatives and the station partners.” Though the financial details weren’t disclosed, the station says the acquistition resulted from a competitive process. The deal includes story archives, Internet domains, and social media assets.