New York Public Radio may not make billions like Ricketts' businesses, but it's still got a nice nest egg.
An article from Wired states that "the deal was spearheaded by Gothamist founders Jake Dobkin and Jen Chung", with the anonymous donors contributing an "undisclosed" sum.
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New York Public Radio CEO Laura Walker issued a statement saying the station is committed to strong reporting amid the decline in local journalism. "That resonates with us at WNYC, where we are committed to telling stories rooted in NY and that matter to New Yorkers". The decision came just after employees at Gothamist in NY, which operated DCist, voted to unionize. "We're going to be trying to rebuild the newsroom", Chung says. "I'm proud that SCPR could be part of this innovative effort".
Billionaire former owner Joe Ricketts said at the time he was shutting it down for business reasons.
Andi McDaniel, chief content officer of WAMU in Washington, said it felt "like such a natural fit" for the station to acquire DCist.
Now, a trio of public radio stations including WAMU are buying that network from Ricketts. There's been a severe lack of local news coverage since the closures in November, and hopefully the new Gothamist will maintain the irreverent but informative ethos of the original. WNYC broadcasts on 93.9 FM and AM 820 to listeners in NY and the tri-state area, and is available to audiences everywhere atWNYC.org, the WNYC app and through major digital radio services, all made possible through the generous support of our members, donors and sponsors. From its state-of-the-art studios, WNYC is reshaping audio for a new generation of listeners, producing some of the most-loved nationally-syndicated public radio programs including Radiolab, On the Media, The Takeaway and Snap Judgment. Then, desperation: who could fill the local news void left by the shuttering of Gothamist and DNAInfo?