"Since the pandemic hit the United States, 36,000 newspaper employees have been laid off, furloughed or subjected to pay cuts. In many cases, advertising, the foundation of the traditional newspaper model, virtually vanished in the economic downturn. And while paid subscriptions rose sharply for some national outlets, most local news organizations do not have large enough markets to sustain even a modest professional newsroom. The result is a familiar spiral: A smaller staff produces a poorer product, which attracts fewer customers, depriving a community of a basic public service."
From a L.A. Times story.
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