Journalism

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A black-and-white photograph of a Manhattan newsstand in 1935, its racks and awning covered with newspapers and magazines, beneath signs for cigars and malted milk.
Media

The News Business Is Cutting Again. The Reasons Have Not Changed.

McClatchy laid off more than ninety journalists across thirteen papers in September. The Associated Press completed a US restructuring with twenty layoffs in May. Dow Jones merged two editorial units and cut ten positions in June. The pattern is the same one that has defined the industry for a decade, and consumer revenue at McClatchy fell forty-one percent over five years.