Capital New York
An online news source for in-depth reporting and analysis of New York's political and media landscapes.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | $1.7m | Early VC | |
| Total Funding | 000k | ||
Capital New York was an online news publication that provided in-depth coverage of the political and media landscape of New York City and State. The company was founded in 2010 by Josh Benson, Tom McGeveran, and Katherine Lehr, all of whom had previously worked at The New York Observer.
The founders' journalistic backgrounds at a well-respected New York City publication gave them the experience and connections to launch a new media venture focused on the city's intricate political and media worlds. Their goal was to provide a level of granular, insider reporting that they felt was missing from the existing media landscape.
Capital New York's business model was based on a subscription service for its in-depth, niche content, targeting professionals in politics, media, and lobbying who needed to stay ahead of the curve. The publication's main product was its website, capitalnewyork.com, which featured a mix of breaking news, long-form analysis, and daily newsletters. The site was known for its detailed reporting on the inner workings of city and state government, as well as the media industry.
In 2013, Capital New York was acquired by Robert Allbritton, the publisher of POLITICO. The acquisition was part of Allbritton's strategy to expand the POLITICO brand into major state capitals. Following the acquisition, Capital New York was rebranded as POLITICO New York, and its team and operations were integrated into the larger POLITICO organization.
Keywords: online news, New York politics, media analysis, subscription service, political reporting, journalism, state government, city government, media industry, newsletters