The Pittsburgh Post-Gazette will no longer cease publishing in May because it is being acquired by a nonprofit media group. On Tuesday, the Pittsburgh Post-Gazette announced that Block Communications Inc., the current owner of the paper, is selling it to the Venetoulis Institute for Local Journalism, publisher of the Pulitzer Prize-winning Baltimore Banner. The sale goes into effect May 4, the day after the paper was supposed to publish its final edition. “For nearly a century, the Block family has been dedicated to public service in Pittsburgh,” said Stewart Bainum Jr., founder of the Venetoulis Institute. “We are honored that they trust us to continue this work.” Block Communications has operated the publication since 1927, but announced back in January that the 240-year-old newspaper would cease operations on May 3rd. The Post-Gazette will be the second news organization operated by Venetoulis. The new owners say the newsroom and local business leadership will remain in Pittsburgh, while other functions will be combined with Venetoulis Institute. The Post-Gazette name will also remain unchanged. (Photo: AP)