newline in models.TextField() not rendered in template

linebreaks

Replaces line breaks in plain text with appropriate HTML; a single newline becomes an HTML line break (<br />) and a new line followed by a blank line becomes a paragraph break (</p>).

For example:

{{ value|linebreaks }}

Just a note, I was having a similar problem with newlines not showing up and I realized that when a TextField is declared as readonly, the text is wrapped with HTML paragraph tags:

<p> text </p>

as opposed to pre tags:

<pre> text </pre>

Pre tags preserve new line spaces, so if you do NOT make the field readonly, you will see the linespaces.