New Website Lands $5 Million Startup Grant

By By elizabeth Ryan 
Published on September 25, 2009

A new, yet-to-be-named, local website will be forming next year to fill in the gaps left by regional newspaper shutterings in the Bay Area. The nonprofit site nabbed a hefty donation–$5 million–from San Francisco businessman F. Warren Hellman, and its expertise and manpower will come from “KQED-FM, which has a 28-person news staff, and the 120 students of the University of California, Berkeley’s graduate school of journalism,” the New York Times reports.

(Thanks, @MotherJones.)

Source: The New York Times

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