Lauded 'local news co-op' shuts down without warning, leaving its co-owners in the dark

Akron, Ohio’s “community-owned magazine,” The Devil Strip, gained attention for its unusual business model: It claimed to be the “first community-owned local news cooperative in the United States.”

It was a model built on community trust — which made it extra-surprising when, on Monday, The Devil Strip’s staff announced on social media that the site had been shut down, and they had all been laid off.

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