Baltimore Banner, a News Start-Up, Aims to Challenge The Sun
BALTIMORE — Local news wars have largely gone the way of the phone booth as newspapers have shriveled and reporter jobs have been cut. But one is taking shape in Baltimore, bringing a new kind of rivalry.
The Baltimore Banner, an online news site that started publishing in recent weeks, is trying to go head to head with the 185-year-old Baltimore Sun. The Banner has hired some of The Sun’s best reporters, building a newsroom of more than 40 people so far. And it has had a string of exclusive reporting, including on a feud between the sons of the Baltimore Orioles’ owner over the future of the baseball team.
This wasn’t the original plan of Stewart W. Bainum Jr., the hotel magnate behind The Banner. He tried to buy The Sun last year but lost out to Alden Global Capital, a hedge fund that has become the country’s second-largest newspaper operator. Now he’s competing against them, wary of the plans that Alden, which is known…