Nationwide, print journalism continues its slide

Confronted with substantial financial losses, the McClatchy newspaper chain is considering its options including selling out. A hedge fund, McClatchy’s biggest lender and stockholder, is among the possible buyers. (Poynter, November 13, 2019, by Rick Edmonds)

Chicago’s Tribune Publishing announced this week that it will close Hoy, its Spanish-language weekly newspaper and website in December. A third of Chicago’s population is Hispanic, but there has been no increase in Hoy’s circulation since 2016. (NiemanLab, November 13, 2019, by Hanaa’ Tamewez)

Sports Illustrated announced it will publish once a month in 2010. Sports Illustrated has 2.75 million subscribers. (Yahoo!, November 13, 2019, by Daniel Roberts)

For related FAC coverage, click here and here.