‘This breaks my heart’: Roughly half of Everett Herald news staff laid off
A dozen journalists learned their jobs were eliminated Wednesday, in a move new owners Carpenter Media Group said was meant to ensure long-term success of the newspaper.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.