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Wednesday, October 20, 2021

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WBEZ Interim CEO: Chicago Sun-Times And Chicago Public Media Are ‘Exploring Partnerships’ – WBEZ

Chicago Public Media’s interim CEO confirmed Wednesday morning the nonprofit parent company of WBEZ and Vocalo is in talks to partner with the Chicago Sun-Times.

Details of the potential partnership are still lacking, but the confirmation to staff in a morning email comes in response to a media columnist Robert Feder report that Michael Sacks, the main investor of the Sun-Times, has been looking for someone to take over the paper.

“I can confirm that we are currently exploring partnerships and opportunities with the Chicago Sun-Times to strengthen local journalism in the city and our region,” Chicago Public Media’s interim CEO Matt Moog wrote Wednesday morning, confirming Robert Feder’s report. “These conversations are an important part of our commitment to serving Chicago and ensuring local news continues to thrive.”

Feder said the proposed deal would “combine ownership.” But in his brief email, Moog did not address any details of the potential deal or whether the newsrooms would be combining.

Chicago Public Media’s board is scheduled for a closed-door meeting Wednesday evening.

In an email obtained by WBEZ, Sun-Times CEO Nykia Wright wrote to staff Wednesday that the newspaper is “in talks with Chicago Public Media to determine if there is an opportunity to become a combined entity. It is very important to note that we are not close to any deal. Opportunities like this require a lot of due diligence.”

“Please be assured that the current ownership group is committed to protecting your employment and will continue to invest in the paper with or without any potential future partnership,” Wright concluded.

Tony Arnold covers state politics for WBEZ. Follow @tonyjarnold.


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