[maze-le]

Well, we can at least have solace in the fact that these are the exact same outlets that are suffering financial losses since at least 10 years. They are dying a slow death and this is their final straw -- not that it will do them any good, to the contrary. Good riddance!

[pas]

Is there any efficient alternative to big newspapers with decades long editorial reputation?

I'm not pitying the useless money grab ad-infested publications, but they were the ones that actually spent on good journalism.

Though it would be good to see a lot more numbers/data about this. Also probably with globalisation the market simply consolidates. There's no need for more than a handful big "trust anchors" for news. The local news problem is tougher to crack though :/

[rixed]

While the publishers are dying their slow death, the free, peer to peer internet died much quicker.

[nine_k]

Why, it's not died!

It's just a wee bit less popular than the centralized ad-fueled internet.