Spirited Media has sold Denverite to Colorado Public
Radio, according to Chris Krewson, the vice
president of strategy at Spirited Media. The news organization will operate
under new management as of March 11.
Virginia-based
Spirited Media is also in talks with possible buyers for its other newsrooms:
Billy Penn, which started in Philadelphia in
2014, and The Incline, which started in Pittsburgh
The company
says it’s moving further into the consulting business.
“There is
more money out there for companies like ours to earn helping others do what we
do via consulting than continuing to raise money to expand into new markets,”
said Krewson in a post on medium.com.
Denverite
has had Spirited Media’s biggest membership program, with nearly 1,200
contributing, Krewson said.
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