4
| Media |

Down in Austin, a Venture Capitalist's About to Get in the (Online) State Newspaper Business

^
Keep Dallas Observer Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Dallas and help keep the future of Dallas Observer free.

Six paragraphs into this Burnt Orange Report item this morning, which deals with the dwindling number of reporters covering State Capitol doings, there's this intriguing nugget:

Sources say publishers and editors have ratcheted up their efforts to come up with news while cutting staff. Additionally, word that Austin investment guru and innovative thinker and businessman John Thornton will soon begin publishing a Texas online newspaper has these same editors and publishers worried.

Thornton's a general partner in Austin Ventures on 6th Street; here's his official bio, worth reading this morning in advance of the chat we may have later with him today. A message's been left for Thornton, who's in partner meetings this morning, but Unfair Park has learned that he is indeed gearing up to launch such a venture sooner than later. Developing.

Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the Observer community and help support independent local journalism in Dallas.

 

Join the Observer community and help support independent local journalism in Dallas.