Local Newspapers Fact Sheet
Local newspapers have been hit particularly hard by the transition to digital news consumption in recent years, with many forced to shutter their doors permanently.
Local TV companies generated more revenue in 2022 than in 2021, consistent with a cyclical pattern in which advertising revenue rises in election years and falls in non-election years.
Financially, advertiser expenditures for the news programs of the three major networks have declined substantially since 2020.
In the U.S., roughly nine-in-ten adults (93%) get at least some news online (either via mobile or desktop), and the online space has become a host for the digital homes of both legacy news outlets and new, “born on the web” news outlets.