Major Shake-Up in Oregon's Newspaper Industry as Key Players Exit
EO Media and Pamplin Media announce layoffs, closures, and sales, highlighting the ongoing struggles and potential new directions for local journalism.
- EO Media to lay off 28 staff, cease print at five papers, and put all publications up for sale.
- Pamplin Media sells its 24 papers, including the Portland Tribune, to Carpenter Media Group.
- Rising costs and declining ad revenues cited as primary challenges for local newspapers.
- New digital ventures and nonprofit models emerge as potential solutions for sustaining local news.
- Industry experts stress the critical role of local journalism for community and democracy.