newspapers
Washington Post staff cuts have begun and will worsen if advertising continues to fall and its subscriber business does not recover.
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The newspaper industry was supposed to recover as the economy did. That has not happened.
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Lee Enterprises claims, "no competitor can match the indispensable local news." As it layoffs more people, that becomes less and less likely.
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One reason the New York Post is unusual is that it is still very large by U.S. newspaper standards. Rupert Murdoch has funded the city-based daily paper despite a multiyear string of losses.
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At more and more papers, the newsroom is gone entirely. That may further undermine the future of newspapers, even if it saves what has become very precious money.
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An extraordinary quarter of all American newspapers have closed in the past 15 years. Many others are on their last legs.
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As the destruction of America's daily newspapers accelerates due to the spread of COVID-19, one state's largest paper will cut its staff by 50%. While papers have cut staff in dozens of cities, this...
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Newspapers are among the pillars of American democracy. Trouble at the Los Angeles Times shows just how much the industry is under siege.
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If bondholders could get much more than $200 million for McClatchy papers, would they take it? There is a chance the properties are worth much more than that.
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The odds that McClatchy papers will be sold is high, and there is already a list of potential buyers.
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One would think the wider newspaper industry could take a page from The New York Times playbook to salvage what is left of it. Unfortunately, it can't.
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If a large chain like Tribune Publishing cannot effectively fight the industry's problems, what can the industry expect from everyone else?
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If there is any lesson from the New York Times results, it is that the industry's problems will not just persist but will worsen.
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Pew Researched has released a study showing that 27% of America's large newspapers cut staff last year. There is no reason to think that the layoff trend is over.
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New research shows that over 2,000 newspapers have closed since 2004, a staggering figure given that the industry was once among the largest employers in America.
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