NYT Adds Chicago Coverage Nov. 20; Will Be First Client Of New Chicago News Cooperative

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Updated: The New York Times (NYSE: NYT) will rely on a new public news co-op for coverage when its expanded Chicago edition launches Nov. 20: the Chicago News Cooperative, a nonprofit by a group of Chicago journalists including Jim O

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Laz Pujol

Does anyone understand the basic terms of these new types of agreements? Does the Bay Citizen non profit paper receive a donation from the NYT? in the case of the CNC deal, do they receive a flat rate for the two pages of weekly content produced for the NYT? Or are all these new deals based on a share of ad revenues or perhaps just the honor for a hyper local to announce it has a distribution deal with a large media outfit?

Any thoughts would be helpful.

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