Newspapers burning

Wall Street is savaging local journalism

In the decade ending in 2018, US newsroom jobs nearly halved (from 71,000 to 38,000) as news corporations "streamlined" or simply shut local papers. (Since 2004 some 1,800 dailies and weeklies have been shuttered or consolidated into what journalists call "ghost papers," with no local reporters covering individual cities.) And now the Gannett/GateHouse wedlock looms over America's journalistic future like an angel of death.