Update: The former editor and publisher of The Star Tribune of Minneapolis, Joel Kramer, announced that his team is moving ahead with MinnPost.com, a nonprofit online news startup for the Twin Cities. Kramer said he’s raised $1.1 million (including $250K from the Knight Foundation). “”Communities need news every way they can get it,” said Eric Newton, vice president of Knight Foundation’s journalism program. “What makes this experiment interesting are its non-profit model and the willingness of such a broad spectrum of the community to give money and time to this effort.” More than 20 Twin Cities journalists have already agreed to contribute content to the site, which is launching “later this year.” (Thanks, Jason for the link!)
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