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Knight Foundation Gives $390K To Four Local News Sites

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At least there’s still some expansion going on these days… Four non-profit hyperlocal news sites are sharing a $390,000 investment from the John S. and James L. Knight Foundation to build up their reporting staffs. The recipients of Knight’s backing are MinnPost, which received $250k from the Knight fund in August 2007; the three-year-old VoiceofSanDiego.org, which was started by a columnist for the city’s Union-Tribune; the Chi-town Daily News, which has relied on citizen journalists and staff reporters to cover Chicago’s 75 neighborhoods; and St. Louis Beacon, which was covers the city in partnership with its local public TV station. Over the past few years, the Knight Foundation has handed out $100 million to community-minded news outlets. Release.

Dec 17, 2008 1:46 PM ET

Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Venture Capital, knight foundation

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