Trending Now - Pittsburgh Media Thrives Despite Loss of Major Newspaper

WHO:

ABC News - Halle Stockton, co-executive director and editor-in-chief of Public Source.

ABC News - Kevin Acklin, chief of staff to a former Pittsburgh mayor and former president of the Penguins hockey team.

ABC News - Ali Trachta, top editor at the Pittsburgh City Paper.

ABC News - Stewart Bainum Jr., hotel magnate and benefactor of the Venetoulis Institute for Local Journalism.

ABC News - Andrew Conte, journalism professor at Point Park University and director of Pittsburgh's Center for Media Innovation.

ABC News - Jennifer Bertetto, CEO of the Pittsburgh Tribune-Review.

WHAT:

ABC News - The Pittsburgh Post-Gazette was sold to a nonprofit foundation, the Venetoulis Institute for Local Journalism.

ABC News - The Pittsburgh Post-Gazette was due to close on May 3rd, 2026.

ABC News - The Pittsburgh City Paper was revived under new ownership after announcing its closure on January 1st, 2026.

ABC News - The Venetoulis Institute plans to invest $30 million in the Post-Gazette and The Baltimore Banner over the next five years.

ABC News - The Pittsburgh Tribune-Review will reinstate a Sunday print edition in Pittsburgh on May 9th, 2026, and add about a dozen new journalists.

WHERE:

ABC News - Pittsburgh, Pennsylvania.

ABC News - The Pittsburgh Post-Gazette, Pittsburgh City Paper, and Pittsburgh Tribune-Review are all based in Pittsburgh.

WHEN:

ABC News - The Pittsburgh Post-Gazette was sold on April 14th, 2026.

ABC News - The Pittsburgh City Paper announced its closure on January 1st, 2026, and was revived in mid-March 2026.

ABC News - The Pittsburgh Tribune-Review will reinstate its Sunday print edition on May 9th, 2026.

WHY:

ABC News - The sale of the Post-Gazette was motivated by the need to keep the newspaper operational and avoid it being sold to a hedge fund.

ABC News - The revival of the Pittsburgh City Paper was driven by a new nonprofit, Local Matters, gathering investors to support local journalism.

HOW:

ABC News - The Venetoulis Institute acquired the Post-Gazette despite not being the highest bidder, indicating a commitment to local journalism.

ABC News - The Pittsburgh City Paper will return to printed editions on a monthly basis and launch a membership program for reader support.

(UPDATED April 21, 2026 07:22 UTC)

The Pittsburgh Post-Gazette was sold to the Venetoulis Institute for Local Journalism on Tuesday, ensuring its continued operation and preventing a sale to a hedge fund. In related news, the Pittsburgh City Paper, which had announced its closure January 1st, was revived under new ownership and will return to print on a monthly basis, while the Pittsburgh Tribune-Review plans to reinstate its Sunday print editiMay 9th. The Venetoulis Institute is set to invest $30 million in the Post-Gazette and The Baltimore Banner over the next five years, highlighting a strong commitment to supporting local journalism in Pittsburgh.