The internet has pretty much killed local news wars. The Baltimore Banner, a nonprofit start-up, is trying to change that by taking on The Baltimore Sun.
Journalists at newspapers across the United States were despondent Tuesday when they learned their parent company would be sold to Alden Global Capital, a hedge fund notorious for gutting newsrooms. But at their sister paper, the Baltimore Sun, people were celebrating an apparent reprieve. The Sun was not bound for the hedge-fund chopping block like several other papers owned by Tribune Publishing. Instead, a Maryland business executive and philanthropist plans to buy Baltimore’s nearly 184-year-old newspaper and preserve it as a nonprofit.