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Over the past decade, a new media baron has emerged. Private equity funds, hedge funds and investment groups have swooped into to buy and manage newspapers. With the industry in distress and publishers struggling to adapt to the digital age, many communities are in danger of losing their primary source of local news and information. This report explores the long-ranging social, economic and political impact of this shift in ownership.

Technology and a Dramatically Changed Media Landscape
A Dramatically Changed Landscape

How the newspaper industry has changed over the past decade.
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The Rise of a New Media Baron
The Rise of a New Media Baron

How and when large investment firms came to own many of the nation’s newspapers.
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The Growing Threat of News Deserts to Journalism
The Growing Threat of News Deserts

Why there is a risk and where it is most prevalent.
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Saving Community Journalism in a Digital Age
Finding Solutions

Who and what can save community journalism in the digital age.
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“A newspaper is an institution developed by modern civilization to present the news of the day, to foster commerce and industry, to inform and lead public opinion, and to furnish that check upon government which no constitution has ever been able to provide.”
-Robert R. McCormick, former owner and publisher of the Chicago Tribune at ceremonies inaugurating Chicago’s Tribune Tower, 1987

Additional Material

Just Posted: Publisher David Woronoff discusses how the twice weekly Pilot in eastern NC launched a successful digital ad agency and what it has meant for his paper.

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