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True Genius: How to go from “the future of journalism” to a fire sale in a few short years
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Articles tagged Colorado Sun (4)

“I just determined that I would rather do anything else in life than to dismantle a proud newsroom and lay off my friends and colleagues and eventually be laid off myself.”
Lookout doesn’t want its local news sites to be a supplement or alternative to the local daily. They aim to be the news source of record in their communities, outgunning their shrunken newsprint rivals from Day 1.
By gutting local advertising overnight, COVID-19 has accelerated strategies — like cutting print days, corporate consolidation, or even closing down offices — that publishers had hoped could wait a while longer.
The coronavirus pandemic is proving the value of local news to millions of readers, driving up subscriptions. But the advertising collapse is knee-buckling. “If it’s a couple of months, we’ll make it through. If it’s six months, all bets are off.”