Since 2000, nearly half of newsroom jobs—more than 20,000 of them—have disappeared. Revenues have plummeted by almost $20 billion. Titles continue to be shuttered, and layoffs are a regular occurrence.
In telling the story of the changing fortunes of the newspaper industry, the focus has been on large metro and national newspapers. Less attention is given to the small-market newspapers, with a weekly or daily print circulation of under 50,000.