Online news organization forming in Twin Cities

NY Times: Twin Cities Editor Planning Online Daily. A non-profit news organization is starting in Minneapolis/St. Paul staff with top former executives from daily metro papers.

Non-profit status, would let readers support it as the local NPR TV and radio stations are supported. It would also let contributors write off contributions on taxes. Article also mentions Voice of San Diego, a 2 1/2 year-old group. Twin Cities group is looking to raise $850,000. Voice of San Diego has nine full-time employees and an annual operating budget of $560,000.

Compared with metro dailies, a staff of nine is minuscule.

Minneapolis/St. Paul Business Journal also had story Friday: Former Strib staffer to launch online newspaper

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