By Christopher B. Daly
That’s one message to take from the decision by Politico (which is virtually online-only) to expand its brand of political coverage to Albany and the state government of New York.
It’s interesting to note in today’s story, that the publisher of Politico, Robert Allbritton, recently divested himself of his family’s longstanding involvement in one form of “legacy media” — television broadcasting. He recently sold the Allbritton family’s stake in seven TV stations for something like $1 billion. Rather than sit on it, he is investing in the future by branching out from Politico’s base in Washington to New York City, where Capital New York is based. From there, the online news operation covers one of the biggest state capitals in the country. Now, just 49 to go!
Here’s the Politico version.