An article from the DRC acknowledged the 2 organizations are presently within the discovery part and plan to shut the acquisition in 2023.
DENTON, Texas — The Denton Record-Chronicle introduced Monday morning they had been in discussions with KERA for the native radio station to acquire them.
An article from the DRC acknowledged the 2 organizations are presently within the discovery part and plan to shut the acquisition in 2023.
“This arrangement gives us the opportunity and the ability to preserve local journalism for the people of Denton County,” DRC proprietor and writer Bill Patterson mentioned. “As our population continues to grow, it’s imperative that we grow as well. With KERA’s commitment and expertise, our organization will be able to serve our audiences well into the future.”
The National Trust for Local News is facilitating the transaction, they’re a nationwide nonprofit that works with news organizations throughout the nation to assist them keep native and grounded of their communities.
A assure of the transaction, the article mentioned, is that DRC will stay native and hype-focused on the individuals and problems with Denton County.
“Local journalism is the bedrock of a strong, healthy community,” mentioned KERA President and CEO Nico Leone. “Denton is a thriving city, integral to the makeup of North Texas, and it is growing every day. We couldn’t be more honored to be in these conversations with the legacy paper, and not only sustain, but expand, local reporting in Denton.”
Patterson mentioned DRC’s audiences and prospects can count on to see much more protection with extra relevance to their each day lives.
“KERA’s history and knowledge of our communities will only help us bring more context and clarity to the issues that matter in North Texas,” Patterson mentioned.
KERA will develop into the one major-market public broadcasting station to have a neighborhood PBS station, three radio stations and a newspaper following this acquisition.
“The timing of these plans with the Record-Chronicle was as much a surprise to us as anyone,” Leone mentioned. “But this opportunity is much bigger than KERA or even the Record-Chronicle. It’s about the people of Denton and ensuring their access to reporting on the issues that deeply and intimately impact their everyday lives. Serving them is much more than an opportunity for KERA — it’s our mission and purpose.”
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