Canadian Publishing Industry News
4 March 2021,     NEW YORK
U.S. newsroom cuts exceed 30,000 over past year
 
 
Last spring the U.S-based Tow Center for Digital Journalism started tracking newsroom cuts as a result of the pandemic in the U.S. One year later, it has released its key findings. As you might expect, it’s not happy reading.

 

 

• Newspapers have taken the brunt of the impact, with a 42% loss of advertising revenue in the second quarter of 2020, for example. Layoffs, mergers, furloughs pay cuts, print reductions, budget cuts, and closures all took their toll

• A good estimate of media layoffs puts the number at 37,000 media workers who were laid off, were furloughed or lost pay

• More than 160 outlets made changes — read cuts — to print issues

• More than 60 news outlets shuttered their operations

 

The Tow Center for Digital Journalism was established in 2010 and operates within Columbia University’s Graduate School of Journalism. It serves as a research and development center for the profession as a whole.

Story Tools
Most Recent News Comment
Jaded says:
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
Most Recent Blog Comment
Lorene Shyba says:
Full of terrific information, Thanks!...
Special Reports