Nonprofit news venture Texas Tribune to launch

Evan Smith, the longtime editor of Texas Monthly, is launching the Texas Tribune, a non-profit news operation that has hired 11 journalists at competitive salaries. Howard Kurtz reports: The fledgling operation has raised an impressive $3.6 million, with $1 million coming from Smith’s pal, venture capitalist John Thornton. “It actually started, as much as my life does, out [...]

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