Why Lauren Williams left Vox to create news nonprofit Capital B
Feb 8, 2022
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Lauren Williams, former editor-in-chief of Vox.com, discusses why she left Vox to create the news nonprofit Capital B. They talk about the challenges of funding and the importance of covering issues like health, criminal justice, politics, and housing for Black people. They also discuss the significance of a local outlet in Atlanta during the midterm elections and the decision to focus on non-entertainment topics for their audience.
Capital B is a nonprofit media startup focused on providing civic journalism for black communities, covering topics like health, criminal justice, politics, and housing.
Capital B emphasizes financial sustainability for nonprofit journalism through transparency, efficient operations, and prioritizing employee benefits.
Deep dives
Capital B's Mission and Focus on Civic Journalism
Capital B is a nonprofit media startup that aims to provide civic journalism focused on covering topics like health, criminal justice, politics, and housing for black communities in America. Their mission is to highlight the context and specific impact of these issues on black people. They have a national publication as well as Capital B Atlanta, which will cover the greater Atlanta area, with a particular focus on the upcoming midterm elections and voting rights challenges faced by black people.
Challenges and Business Model of a Nonprofit Media Company
Capital B has raised $9 million in funding, and they also have a membership tier and advertising revenue. In their welcome letter, they emphasize transparency about their business model. They offer all their articles for free without a paywall, intending to focus on providing information rather than depending on clickbait or high page views. They streamline operations to maximize efficiency and reduce costs, ensuring financial sustainability for their nonprofit journalism. They prioritize benefits for employees, offering caregiver leave, 401ks, parental leave, and unlimited PTO.
The Launch of Capital B and Its Founding Vision
Capital B was launched after a year of planning and fundraising. The idea to start Capital B originated after the murder of George Floyd and the subsequent reckoning within the journalism industry. Black journalists were speaking out about the mistreatment and biases they faced, which had implications beyond just internal employee issues. Capital B aims to combat this by providing journalism that not only highlights black voices and stories but also prioritizes providing crucial information to black communities. They emphasize the importance of exchanging information and ensuring that it reaches those who need it.
Future Plans and Impacts of Capital B
Capital B has ambitions to expand beyond Atlanta and launch newsrooms in other cities or regions. They plan to have a state house reporter in each local newsroom to cover state and local politics. The upcoming midterms are a significant focus, and they are hiring reporters to cover both national and local politics. Their coverage priorities of health, criminal justice, politics, and housing are driven by the need to offer in-depth reporting in areas where limited coverage exists for black audiences. They aim to engage readers through initiatives like reading primers and continually gathering feedback to shape their coverage.
After the murder of George Floyd by a police officer in May 2020, many journalism outlets and journalists spent time reckoning with how the news industry could improve its coverage for Black people. Among those journalists was Lauren Williams, who was editor-in-chief and svp of Vox Media’s news property Vox.com at the time.
Williams and a former colleague Akoto Ofori-Atta — then-managing editor of non-profit news outlet The Trace — decided to leave their respective newsrooms to form their own, Capital B, a nonprofit news organization officially launched on Jan. 31 and focused on covering the news for Black people.
“I do really think that, if I had gone to Jim Bankoff — who’s the CEO of Vox Media — and said, ‘I really want to do something different,’ I think he would have heard me in that moment and would have been open to discussing something. But I didn’t do that,” Williams said in the latest episode of the Digiday Podcast.
One reason Williams and Ofori-Atta opted to set off on their own is because they believed the nonprofit route was the right path for what they had in mind. By primarily depending on donors for funding rather than advertisers or subscribers — each of which can be fickle financial sources, though Capital B does operate a paid membership program — Capital B would be able to prioritize covering important issues for a specific audience.
Minding Capital B’s business model is also meant to help the organization to augment its national coverage by standing up more local news outposts, as it already has with Capital B Atlanta with a second local news outlet expected to be added later this year.
“To spin up a new newsroom, we just have to hire the journalists. So in that way, we’re cutting cost enormously and just adding efficiency to the process where we can be really nimble about where we’re going next,” Williams said.
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