Local Newspapers Are Dying Because They Don’t Represent America

62 million Americans voted for Trump, only 6 newspapers endorsed him.

Warren Buffett started the year by dumping his portfolio of 30 newspapers in a fire sale. After having spent $344 million on a stable of local papers including the Richmond Times-Dispatch, the Buffalo News, and the Omaha World-Herald, the Oracle of Omaha had to let them go for a mere $140 million.

“They’re going to disappear,” Buffett said of the papers. “It went from monopoly to franchise to competitive to ... toast.”

In February, McClatchy, the country's second largest local newspaper chain, the owners of the Fort Worth Star-Telegram, the Miami Herald, the Kansas City Star, the News & Observer, the State and many other major local papers, filed for bankruptcy.

We’re barely into 2020 and the apocalypse which wiped out 7,800 media jobs in 2019 is speeding on. That was down from the 15,000 media jobs lost in 2018, but only because it’s hard to cut jobs that don’t exist anymore. By the end of the decade, there will be no local newspapers. Only a few national ones.

The internet is certainly to blame, but digital media took nearly as bad a beating as dead tree media with the Gawker relaunch, the Huffington Post, BuzzFeed, and many other lefty digital darlings bleeding.

On CNN, the Miami Herald's Julie Brown claimed that the lack of local newspapers, "has contributed to the divisions that we're experiencing around the country."

The media has been making similar claims for a year now based on a dubious study. But the problem with the papers in the McClatchy, Gannett, Tribune, or other media stables is that they’re echoes of the same national agenda repackaged for a local audience. In the age of the internet, readers are cutting out the middleman and watching CNN or MSNBC, or reading the New York Times and the Washington Post.

Read the rest from Daniel Greenfield HERE.

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