Today’s highly interesting read (07/25/18): When Newspapers Close, the Cost of Government Goes Up

Image result for image, photo, picture, newspapers dying

Newspapers are dying, but they’re not dead yet. When they die the news isn’t very good.

Liz Farmer is a public finance reporter for GOVERNING.

New research shows that the decline of newspapers may have taken a toll on cities’ and counties’ budgets…municipal borrowing costs increased by as much as a tenth of a percent after a newspaper shuttered, even when accounting for declining economic conditions.

The reason for these changes, researchers say, is that the closure of a local newspaper creates a “local information vacuum” that is unlikely to be filled by the national news media, which needs to appeal to a much broader audience, or online outlets, which have not generally filled the investigative journalism gap left when a local newspaper shuts down.

Read her entire article here.

One thought on “Today’s highly interesting read (07/25/18): When Newspapers Close, the Cost of Government Goes Up

  1. Pingback: Support for Trump, Charlie Sykes, newspapers and the cost of gov’t, and Washington’s dirty little secret | This Just In… From Franklin, WI

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