Author Topic: If the future of corporate news operations looks bleak, thatís because it is.  (Read 769 times)

rcjordan

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Nothing new to us, but a good read.

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This is true everywhere: Since 1990, nearly 65 percent of all newspaper jobs have been eliminated, more than in the fishing, steel or coal industries.

As bleak as all of this sounds, the butcher's butcher is waiting.

Commentary: Local newspapers have already been decimated. Thereís nothing left to cut. - The Salt Lake Tribune
https://www.sltrib.com/opinion/commentary/2019/01/26/commentary-local/

ergophobe

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After our earlier discussions, I signed up for my local paper even though I actually think it's not good. But who else will report on the Board of Supervisors in a rural county? And somebody needs to.

Brad

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The consolidation of local newspapers into "regional" newspapers owned by big chain newspaper holding companies over the last 3 decades didn't help.  If the mothership (ie. Lee Newspapers, etc) goes down everything else goes with it.

Region wide newspapers often can't be bothered to report on small town doings or rural county doings as Ergo points out and that is part of the regional paper's downfall.

rcjordan

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"In addition to the flagship Chicago Tribune, Tribune Publishing owns The Baltimore Sun; the Hartford (Connecticut) Courant; the Orlando (Florida) Sentinel; the South Florida Sun-Sentinel; New York Daily News; the Capital Gazette in Annapolis, Maryland; The Morning Call in Allentown, Pennsylvania; the Daily Press in Newport News, Virginia; and The Virginian-Pilot in Norfolk, Virginia.

Alden Global Capital now owns over 200 newspapers."

Private Equity Swallows Up Yet Another Newspaper Group - The American Prospect
https://prospect.org/blogs/tap/private-equity-swallows-up-yet-another-newspaper-group/