Gannett-Backed Startup Billy Penn Expands to Pittsburgh

CNNMoney: The founders of Billy Penn, a local news startup in Philadelphia, are launching a second site in Pennsylvania’s second biggest city, Pittsburgh. With the help of a recent investment by Gannett, Billy Penn’s owner Spirited Media will launch the as-yet-unnamed site by the end of the summer. The business model will mimic Billy Penn’s, revolving around events that sponsors support and attendees sometimes pay to attend.