In its entirety:
INTERNET-BASED DAILY NEWS ENTERPRISE TO BE LAUNCHED THIS YEAR
MINNEAPOLIS, August 27, 2007
MinnPost.com — an internet-based daily providing news and insight for Twin Cities and Minnesota readers — will launch later this year.
Joel Kramer, CEO and editor, announced that he has raised $1.1 million in startup funds for the not-for-profit enterprise. Four local families have contributed a combined $850,000, and the John S. and James L. Knight Foundation, based in Miami, announced a donation of $250,000.
“Communities need news every way they can get it,” said Eric Newton, vice president of Knight Foundation’s journalism program. “What makes this experiment interesting are its non-profit model and the willingness of such a broad spectrum of the community to give money and time to this effort.”
MinnPost.com will offer exclusive front-page news stories as well as
“posts,” a new format in which professional journalists engage in an
informal conversation with readers about what they’re learning and what to make of it. Posts will be a bit like blogs, but unlike many blogs, they will be built around original reporting — not just opinions or links to other people’s work.
MinnPost.com, which will publish Monday through Friday, also will offer daily roundups providing perspective on metro, state, national and international news, stories from selected content partners (currently under discussion), commentary from community leaders and experts, and comment from and involvement of readers. MinnPost will be nonpartisan, and all opinion pieces will be signed.
More than 20 Twin Cities journalists, including Pulitzer Prize-winning
Pioneer Press reporter and best-selling novelist John Camp and former Star Tribune columnist Doug Grow, have already committed to contributing regularly to MinnPost.com, according to managing editor Roger Buoen, former deputy managing editor of the Star Tribune.
In addition to Kramer and Buoen, MinnPost editors will web editor Corey Anderson, former online managing editor of City Pages; news editors Don Effenberger and Casey Selix, both former editors at the Pioneer Press; and MinnPost in Print editor Beth Thibodeau, formerly an editor at the Star Tribune.
“MinnPost.com is all about substantive news for Minnesotans who are
intensely interested in the world around them and want more insight and analysis than they’re getting from their media choices today,” said Kramer, who served as editor of the Star Tribune in the 1980s and as publisher and president in the 1990s. “It will combine the best of traditional journalism with new forms of newsgathering and storytelling made possible by the Internet. MinnPost.com will emphasize original, high-quality content five days a week, plus carefully chosen work from other sources. You can read it online, or in a printable newspaper format, MinnPost in Print.”
The 25 journalists who have agreed so far to contribute to MinnPost are:
novelist who writes under the pen name John Sandford. He won a Pulitzer in 1986 for a series of stories in the Pioneer Press — collectively titled Life on the Land: An American Farm Family — about a Minnesota farm family’s struggles during the Midwest farm crisis. He was a finalist for the Pulitzer Prize in 1980 for a series of articles on Native American culture. He is also well known for numerous popular detective novels and thrillers. He will report and write on a variety of topics.
Some of these journalists will do regular posts, some will write front-page stories, and some will do both. Additional contributors are expected to be named later.
“This is a tough time for newspapers,” Kramer said. “Declining advertising revenue has led to substantial cuts in staff and news space, and serious, ambitious news coverage has suffered. But this creates a real opportunity, too, because so many outstanding journalists have left Twin Cities newspapers, and they and a variety of talented free-lancers are eager to bring their talents and experience to MinnPost.”
In addition to the website, MinnPost in Print will be a quick-read but thoughtful daily newspaper published Monday through Friday in 8.5 x 11 format, printable on home and office computers and expected to be available in high-traffic locations over the lunch hour.
MinnPost has raised $850,000 in startup donations so far from four couples — Sage and John Cowles, Vicki and David Cox, Laurie and Joel Kramer, and Terry Saario and Lee Lynch.
Lee Lynch has been elected first chair of the board of MinnPost. Other board members are John Cowles, David Cox, Joel Kramer, Kathleen Hansen, professor of journalism at the University of Minnesota and director of the Minnesota Journalism Center, John Satorius, an attorney with Frederikson & Byron, and Patrick Irestone, CEO of Meritide, a software firm in Roseville.
Kramer said he will seek additional foundation support to help finance MinnPost’s early years, but that the plan is to become self-sufficient eventually, based on two main revenue sources: sponsorship/advertising and member donations. “We believe a lot of Minnesotans will support this kind of high-quality journalism,” Kramer said. He invited people to visit the website, www.MinnPost.com, to learn more and keep up with progress toward the launch.
MinnPost is currently looking to hire a leader for the business side of the organization and a sponsorship/advertising director, Kramer said.
The MinnPost.com website is being developed by Clockwork, a firm in Northeast Minneapolis. MinnPost’s office will be in Southeast Minneapolis.
Additional information and reaction to follow.
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