Tuesday, January 26, 2021

Ricketts starting news outlet

Billionaire Joe Ricketts is starting an online national news outlet called Straight Arrow News, the Omaha World-Herald reported. The operation will be based in Omaha, the paper says.

Online job ads for Straightarrownews.com say the outlet will be “dedicated to unbiased, nonpartisan reporting” and is planned to launched in February.

“I think there’s a gap in the market — there’s no source for unbiased, fact-based news. And I believe there’s a business opportunity there,” Ricketts told the World-Herald.

Ricketts is the founder of TD Ameritrade. He owns the Chicago Cubs. His son Pete Ricketts is the Republican governor of Nebraska.

In 2009, Joe Ricketts started DNAinfo, focused on news in New York and Chicago. He purchased news site Gothamist and combined the sites. Ricketts closed the operation in 2017 after staffers opted to form a union, the World-Herald says.

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