Washington Post staff cuts have begun and will worsen if advertising continues to fall and its subscriber business does not recover.
The newspaper industry was supposed to recover as the economy did. That has not happened.
Lee Enterprises claims, "no competitor can match the indispensable local news." As it layoffs more people, that becomes less and less likely.
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.
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.
An extraordinary quarter of all American newspapers have closed in the past 15 years. Many others are on their last legs.
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...
Newspapers are among the pillars of American democracy. Trouble at the Los Angeles Times shows just how much the industry is under siege.
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.
The odds that McClatchy papers will be sold is high, and there is already a list of potential buyers.
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.
If a large chain like Tribune Publishing cannot effectively fight the industry's problems, what can the industry expect from everyone else?
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.
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.
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.