California news nonprofit CalMatters acquires tech news nonprofit The Markup

From upper-left to lower-right: Kristen Go, Nabiha Syed, Sisi Wei and Neil Chase (Photo from CalMatters)

Posted Friday, April 19, 2024 11:32 am

Sara Fischer | Axios

CalMatters, a nonprofit news outlet focused on California politics, policy, and community issues, has acquired The Markup, a nonprofit news site focused on technology and data privacy investigations.

Why it matters: With a combined workforce of 100, the deal creates a local, nonprofit news powerhouse in California.

CalMatters today employs 72 people and The Markup employs 28. No roles are being eliminated as part of the deal.
CalMatters currently has around $12.5 million in philanthropic funding and The Markup has $5 million in philanthropic funding.

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California news nonprofit CalMatters acquires tech news nonprofit The Markup

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