The Digiday Podcast

Why Lauren Williams left Vox to create news nonprofit Capital B


Listen Later

After the murder of George Floyd by a police officer in May 2020, many journalism outlets and journalists spent time reckoning with how the news industry could improve its coverage for Black people. Among those journalists was Lauren Williams, who was editor-in-chief and svp of Vox Media’s news property Vox.com at the time. 

Williams and a former colleague Akoto Ofori-Atta — then-managing editor of non-profit news outlet The Trace — decided to leave their respective newsrooms to form their own, Capital B, a nonprofit news organization officially launched on Jan. 31 and focused on covering the news for Black people.

“I do really think that, if I had gone to Jim Bankoff — who’s the CEO of Vox Media — and said, ‘I really want to do something different,’ I think he would have heard me in that moment and would have been open to discussing something. But I didn’t do that,” Williams said in the latest episode of the Digiday Podcast.

One reason Williams and Ofori-Atta opted to set off on their own is because they believed the nonprofit route was the right path for what they had in mind. By primarily depending on donors for funding rather than advertisers or subscribers — each of which can be fickle financial sources, though Capital B does operate a paid membership program — Capital B would be able to prioritize covering important issues for a specific audience. 

Minding Capital B’s business model is also meant to help the organization to augment its national coverage by standing up more local news outposts, as it already has with Capital B Atlanta with a second local news outlet expected to be added later this year.

“To spin up a new newsroom, we just have to hire the journalists. So in that way, we’re cutting cost enormously and just adding efficiency to the process where we can be really nimble about where we’re going next,” Williams said.

...more
View all episodesView all episodes
Download on the App Store

The Digiday PodcastBy Digiday

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

103 ratings


More shows like The Digiday Podcast

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,278 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,059 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

522 Listeners

Pivot by New York Magazine

Pivot

9,260 Listeners

Channels with Peter Kafka by Vox Media Podcast Network

Channels with Peter Kafka

551 Listeners

Digiday Live by Digiday

Digiday Live

7 Listeners

AdExchanger by AdExchanger Talks

AdExchanger

70 Listeners

Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

Equity

338 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,990 Listeners

The Modern Retail Podcast by Digiday

The Modern Retail Podcast

77 Listeners

TechCrunch Daily Crunch by TechCrunch

TechCrunch Daily Crunch

42 Listeners

The CMO Podcast by vYve & Jim Stengel

The CMO Podcast

345 Listeners

On Strategy Showcase by Fergus O’Carroll

On Strategy Showcase

45 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,421 Listeners

Big Technology Podcast by Alex Kantrowitz

Big Technology Podcast

456 Listeners

The Big Take by Bloomberg

The Big Take

157 Listeners

The Grill Room by Audacy | Puck

The Grill Room

46 Listeners