![]() ![]() “I have to believe that people in a democracy want to know what the hell is going on in their community. has lost more than a quarter of its newspapers (2,500) and is on track to lose a third by 2025, according to a Local News Initiative report by the Medill School of Journalism at Northwestern University. Lately his considerable energy and intellect have been focused on Baltimore, where he hopes the Banner, which offers some free content but charges readers a monthly fee to read the meat of it, can become a model for how to revive vanishing local news coverage. “My day job,” jokes Bainum, who also is chairman of Artis Senior Living, an owner-operator of Memory Care Assisted Living residences in 11 states. With more than 7,000 hotels, representing nearly 570,000 rooms in more than 40 countries and territories, it’s one of the biggest hotel franchisors in the world. He is chairman of the board of directors for Rockville-based Choice Hotels International. Rather, he’s looking inward, contemplating a future for his startup, for which there is no blueprint.īorn and raised in Takoma Park, Bainum, 76, resides in Chevy Chase. But Bainum, the Montgomery County hotel magnate and philanthropist who founded the enterprise and has committed to bankrolling it to the tune of $50 million, isn’t gazing out the window and admiring the gleaming National Aquarium or the iconic Domino Sugars sign in the distance. ![]() hopes will shift the very foundation of how local journalism is conducted and consumed in this country. The view of the Inner Harbor is spectacular from the Fells Point conference room in the fourth-floor offices of The Baltimore Banner, the news nonprofit that Stewart Bainum Jr. Bainum in The Baltimore Banner newsroom in downtown Baltimore. ![]()
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