Backed by a foundation and a public TV station, Chicago journalists create a new venture to produce local news. One of the first clients is The New York Times which will print two pages of local news in a Chicago edition, going head-to-head with struggling Chicago newspapers.

“Former top editors of The Chicago Tribune and other journalists, backed
by a public television station and a major foundation, on Thursday
announced formation of a nonprofit news organization in Chicago, which
will provide pages of local news for a Chicago edition of The New York
, to be started next month,” wrote Richard Perez-Pena in The New York Times recently.

According to the Times article, James E. O’Shea, a former editor of The Los Angeles Times and a former
managing editor of The Tribune, will serve as editor of the new
organization, called the Chicago News Cooperative.

The cooperative’s first paying customer is the Times. It will will run two pages, twice a week, in copies of the Times that are go out in the Chicago area.