The New York Times reports that
The creators of Politico plan to do for local news in Washington and its suburbs what they already have done for national politics, announcing on Wednesday that they will build a large, Web-based local news organization from scratch, at a time when traditional news organizations are struggling and shrinking.
This latest move will start with a newsroom of about 50 people
Robert L. Allbritton, who heads the family-owned company, and Mr. Brady said they had concluded that the venture had to be done on a large scale or not done at all — essentially the same premise that accompanied the founding of Politico.
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