It’s the end of the line for The Line.
The locally focused online news publication pronounced itself dead today after six years of receiving taxpayer funding to support its otherwise unprofitable new media business model.
Beginning in 2010, the The Line introduced itself as “the web magazine that chronicles creativity in Minneapolis/Saint Paul: creativity in entrepreneurship, design, environmentalism, the arts, retail, urbanism, neighborhood vitalization and revitalization, and wherever else we’re meeting the future of our cities and our region.”
Over the years, The Line received cash paymets in the form of sponsorship from various public-private nonprofit organizations and direct funding from both the City of Minneapolis and St. Paul.
This public money utimately funneled into the private pockets of Brian Boyle, the CEO of Detroit, Michigan based Issue Media Group and parent publisher of The Line. Others involved in the scheme include editors Jon Spayde and Camille LeFevre.
“We tried to do something for the common good but couldn’t figure out how to sustain it,” Boyle says of the closure, without elaborating on just how much they profited (or lost) at the expense of Minnesota taxpayers.