CNN: These startups are trying to save local news

by Jill Disis

The newspaper’s hedge fund owners cut staff by a third in March. And when a Post editorial openly criticized those owners in print, the relationship between several of its journalists and corporate management became untenable.

“We were under attack by our owners,” Ryckman told CNNMoney. “This was never going to end as long as Alden Global Capital owned The Denver Post.”

Ryckman resigned as senior editor of news in May, but he hasn’t left journalism. With the help of a crowdfunding campaign and the backing of an unorthodox investor, he and a group of former Post staffers are about to launch their own news outlet in Colorado later this summer where he’ll serve as editor.

 

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