Connecticut Newspaper 'Winsted Citizen' to Close Amid Financial Struggles

Despite efforts and investment from Ralph Nader, the paper could not overcome the ongoing trend of media closures.

The Winsted Citizen, a small Connecticut newspaper founded with Ralph Nader's help, is shutting down due to financial problems.
Despite efforts to buck the trend of media closures, the newspaper could not overcome its financial deficit.
The U.S. has lost nearly 2,900 newspapers since 2005, with more than 130 confirmed closings or mergers over the past year.
Ralph Nader, the noted consumer advocate and four-time presidential candidate, had invested $15,000 to help the newspaper start up.
The Citizen was overseen by the nonprofit Connecticut News Consortium, whose board voted to close it.