The impending collapse of Youngstown's 150-year-old Vindicator may mark a turning point in the decline of local papers as larger media groups weigh whether smaller properties are salvageable
For the past 18 months, the owners of the Youngstown Vindicator tried to sell the struggling family-run newspaper in northeast Ohio’s Rust Belt. But last week, the paper announced that it couldn’t find a buyer and would shut down at the end of the summer.
The Vindicator’s impending collapse may mark a turning point in the decline of local papers, industry watchers fear: Larger media groups that had typically snapped up such properties in the past are now weighing whether they are salvageable at all.
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