North Carolinaโ€™s newspaper landscape is a mish-mash of regional and national media empiresโ€”many with a history of culling newsrooms for a profit before eventually unloading the skeletal remains to a competitorโ€”speckled with a dwindling number of small, independently owned papers. The newspapers owned by these media giants have seen major cuts over the last two decades. Take, for example, The Herald-Sun, which was purchased by Paxton Media Group in 2006 for at least $100 million. Paxton almost immediately fired 25 percent of The Herald-Sunโ€™s staff despite the paper being profitable at the time. It was then sold to McClatchy in 2016, which, crippled by debt from its acquisition of the Knight-Ridder company, instituted more cuts. McClatchy was recently purchased by Chatham Asset Management, a New Jersey-based hedge fund. While not be ideal, itโ€™s better than the McClatchy bankruptcy bidder that came up short: Alden Global Capital, another hedge fund with deep pockets known for prioritizing profits over robust newsrooms. While we sought to create a map of North Carolinaโ€™s media hierarchies, we inadvertently wound up with a stark depiction of the stateโ€™s news deserts. Cities and tourism hotspots have at least one surviving daily newspaper, while coastal communities, the stateโ€™s rural center, and the far western region have none.


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