Philly papers could become part of Temple U

H.F. “Gerry” Lenfest has held discussions to create a nonprofit institution that would align The Philadelphia Inquirer, the Daily News and Philly.com with Temple University, Billy Penn has learned.
Lenfest, alongside now-deceased Lewis Katz, outbid South Jersey political powerhouse George Norcross in May of 2014 for control of the region’s largest newspapers. He gained sole control upon Katz’s untimely death in a private plane crash days after that auction. Since then, the 85-year-old former cable magnate-turned-philanthropist has been working on a way to ensure that the newspapers continue to be operated locally after his death.
“As Mr. Lenfest has stated publicly, he wants to leave the company in good hands. He continues to explore all sorts of options to that end,” said Philadelphia Media Network spokeswoman Amy Buckman. “Nothing is imminent.”
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