I live in a city with a hedge-fund-driven, corporate-run daily newspaper [Gannett Co. owns the Austin American-Statesman], and in my travels I’ve read dozens of similar outlets and talked to their readers. It’s always the same story: Money managers have reduced most local newspapers to mere remnants of real journalism. They have slashed reporting staff and outsourced even the editing, layout, printing and other basic production work to remote, centralized hubs. Thus, most of the […]