Startup Beat
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Some of the biggest names in Silicon Valley and journalism have backed an open-source publishing platform from WordPress called Newspack.
Launching in 2019, the platform is one of the latest startups that is working with small- and medium-sized newsrooms to try and overcome the steep financial obstacles that they face going forward. The project has already gotten a $1.2 million investment from the Google News Initiative, as well as $400,000 from the Lenfest Institute for Journalism and another $350,000 from venture studio ConsenSys.
“Local news organizations are struggling to find sustainable models for journalism — a crisis that has very real implications for democracy,” said Kinsey Wilson, President of WordPress.com and a former senior executive at NPR and The New York Times in a company press release. “We’re joining with industry leaders to bring technology, publishing and business expertise together in a single
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