MONTGOMERY, Ala. -- Community Newspaper Holdings, Inc., is pleased to announce its participation as a media partner in Matter, a San Francisco-based startup accelerator for early stage media entrepreneurs, along with seven other media organizations.
“Participating with Matter and their media partners supports our mission of providing communities with the news and information they need using the technology of their choosing,” said Donna Barrett, chief executive officer and president of CNHI. “Matter, and the startups it supports and develops, will have a significant impact on the future of media publishing and readership. We are excited to work with managing partner Corey Ford and his team at Matter to deliver on the promise of ‘building a more informed, connected and empowered society.’"
The new partnership features a powerful mix of international, national and local media organizations with a vast reach across television, radio, online and print. More than half of the world sees news from the Associated Press. McClatchy operates media companies in 28 U.S. markets in 14 states and owns iconic brands such as The Miami Herald, The (Raleigh) News and Observer and The Kansas City Star. A. H. Belo covers Texas with The Dallas Morning News and other media properties. KQED is the most listened-to public radio station and one of the highest-rated public television stations in the nation, and is an innovative leader for public media in online and interactive content. Knight Foundation has leveraged its $2.2B endowment to become the leading institution supporting and connecting media innovators inside and outside traditional media organizations. PRX operates public radio’s largest distribution marketplace, including This American Life, The Moth, and the Radiotopia podcast network.
"This is a powerful set of media partners that will be the wind at the backs of our early-stage entrepreneurs,” said Ford. “Not only will our startups have access to great business opportunities, but they will also establish relationships with experienced media veterans who really get what we are doing and are aligned with our mission.”
This network of partners gives participating startups extensive mentorship by industry leaders, connections to potential customers and real world opportunities to test their ideas. This new partnership also extends Matter’s reach beyond its accelerator program, allowing it to begin seed investing in media entrepreneurs that fit its mission, but are unable to participate in its accelerator program due to geography or stage. The Matter Four class was also announced today.
Founded in December 2012, Matter brings selected startups together at its San Francisco headquarters, provides an intensive, five-month program for the budding entrepreneurs to refine their business plans, develop prototypes, work collaboratively with other entrepreneurs and learn from leaders in media and technology. The program culminates with “demo days” presentations in San Francisco and New York in front of a select group of investors, media executives, mentors and others.
Matter has a current portfolio of 19 early-stage media ventures.
Community Newspaper Holdings Inc. is one of the leading publishers of local news and information in the United States. Founded in 1997, CNHI's newspapers, Web sites and niche publications serve more than 130 communities throughout the United States. CNHI is a privately owned company based in Montgomery, Alabama.