[meinmissoula]

> The reason local newspapers are failing is because nobody reads them

I don't believe that's true. The subscription cost for most newspapers barely covered the printing and distribution costs. Small, local-focused newspapers were surprisingly largely kept alive by the massive margins on printing classified ads.

The person who used to spend $1-per-word at their local paper to advertise they were selling a car or having an estate sale can now list that for free on craigslist or facebook. And the local business can buy more targeted advertisements on facebook, google or twitter.

As odd as it seems, Craigslist probably did more to kill the local newspaper than social media, search engines or private equity firms.