The Houston Landing, a nonprofit digital news outlet, announced its impending shutdown due to financial challenges, just two years after its launch. Despite initial funding exceeding $20 million and a staff of over 40, it faced difficulties like unpopular firings and loss of significant funders, including Arnold Ventures. Board chair Ann B. Stern expressed pride in the Landing's impactful reporting but acknowledged its struggles to achieve financial stability amidst broader challenges in the news industry, such as inflation and declining ad revenue, leading to many organizational closures.
"We are proud of the Landing's coverage of Greater Houston and continue to believe deeply in the need for more free, independent journalism in our region."
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