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WNYC radio says it’s bringing back Gothamist

By
Keith J. Kelly
Published Feb. 23, 2018
Updated Feb. 23, 2018, 4:15 p.m. ET

Three public radio stations on Friday said they had pooled resources to acquire the Gothamist news site from its billionaire owner, Joe Ricketts, who abruptly shut it down four months ago after its workers voted to unionize.

“In a deal largely funded by two anonymous donors, WNYC is acquiring the news site Gothamist, including its archives, domain name and social media assets,” the radio station WNYC revealed on its website Friday.

In a joint deal, a public station in southern California, KPCC in Pasadena, meanwhile will take over LAist and WAMU in Washington, DC, will acquire DCist. DNAinfo, another site active in New York and Chicago that was bought and abruptly shut down by Ricketts, won’t be revived, although its archive and other assets also were acquired.

Financial details of the deals were not disclosed.

Gothamist was founded by Jake Dobkin and Jen Chang and sold to Ricketts only about a month before he pulled the plug on the sites and DNAinfo.

The public media organizations say they hope to expand their digital footprints and further their missions to serve local audiences.

“For more than a decade, Gothamist served as a source of trusted local news,” said Laura Walker, CEO of New York Public Radio, owner of WNYC. “That resonates with us at WNYC, where we are committed to telling stories rooted in New York and that matter to New Yorkers. As we’ve seen a decline in local journalism in even the largest metropolitan areas across the country, even at a time when it’s so vital, we remain committed to strong, independent reporting that fills the void.”

Ricketts, who made his fortune as the founder of online brokerage firm TD Ameritrade, shut down the sites in November, a week after reporters and editors at the sites voted to join the Writers Guild of America East. The sites were losing money at the time, Ricketts said.

Ricketts also angered the laid-off employees by initially blocking access to the archives and putting only a farewell letter on the site’s home page. He eventually relented and allowed reporters access to their past articles.

The auction was the result of a competitive bid process.