Why newspapers are toast, Vol. XXXIV

Gannett all the sudden has discovered that local news is where it’s at. I don’t even have to read this article to know nary an extra penny will be invested in news hole or news staff. And you don’t have to read it either, except if you’re perversely curious, because in fact it says nothing about how Gannett plans to finance this effort.

Thankfully, Romenesko links to a column by a retired Denver newsie describing precisely what Gannett is up to: Selling cutbacks as improvements.

If newspapers do die off and nothing takes their place, we’ll have Gannett to thank for putting the idea in everybody’s head that there’s money to be made in local news by buying into one-paper towns and bleeding them dry.

I’ll save the annoying extended rant about the evils of the Gannett corporation for another day.