Saturday, July 11, 2020
KANSAS CITY STAR PARENT COMPANY BANKRUPTCY INSPIRES MAYOR QUINTON LUCAS TO PEN LETTER BEGGING FOR NON-PROFIT DEAD-TREE MEDIA SAVIOR!!!
The newspaper chain that owns Kansas City's so-called paper of record is on the auction block. A hedge fund is likely to take over and squeeze every penny about of the fading biz before they sell it for scrap.
Accordingly . . .
MAYOR QUINTON LUCAS PENS LOVE LETTER DESPERATELY SEEKING 'STEWARD' FOR KANSAS CITY STAR!!!
Meanwhile, newsies who really know the biz understand that non-profit journalism doesn't work and is rendered impotent by the whims of donors who turn every publication they touch into a mirror of compromised elitist, irrelevant politics.
Still, what's important about this statement is that it reveals the once mighty newspaper struggling to survive and desperately in need of charity.
Money line from Mayor Lucas:
"Deciding the fate of a newspaper company in Chapter 11 is about so much more than creditors and shareholders; it’s about readers. As the mayor of a McClatchy city, I would urge you to choose a steward for this company that would build on the journalistic traditions of two of the most storied names in the business—McClatchy and Knight-Ridder—rather than degrade them. The good news for a responsible owner is they won’t have to do it alone. Journalism-focused philanthropy has nearly quadrupled since 2009. Thirty journalists in McClatchy newsrooms around the country are fellows funded by Report for America, including three in our local newsroom, who have traveled to Kansas City from all corners of the country to focus on gun violence throughout the state of Missouri—perhaps the most pressing issue in the urban centers of our state."
Here's a look at the text from the letter in its entirety:
You decide . . .