Nonprofit led by veteran journalist David Greene to acquire LNP

“A new nonprofit led by [Untraditional Philanthropy expert], journalist and former National Public Radio host David Greene will assume ownership of LNP | LancasterOnline as a gift from current owner Pennon, a transfer that opens the door to philanthropic and charitable giving to bolster local news reporting, it was announced today.”

“Running a daily newspaper became ‘a challenge that I don’t think we fully appreciated,’ Leigh Horner, Pennon board chair, said in an interview. Having to cut staff and shrink the news hole to manage costs, Pennon began to explore exit strategies that ranged from restructuring to filing for bankruptcy.”

Enter Greene, currently host of the syndicated public radio program Left, Right & Center. He saw how founding Always Lancaster could combine his fondness for Lancaster, where he spent part of his childhood, with a zeal for a journalism that seeks to bridge America’s ideological divide.”

Read the full article here, and learn more about David Greene in his Untraditional Philanthropy expert page.