Dinosaur death-rattle...
I tend to consider such reports as a postive sign of movement to web news as the wave of the future. However, consider what this means in the short term. As they lay off local news staff, they will tend to print feeds from a national source... the New York Times and AP. They have to pay those national sources. So the income to NYT and AP increases, prolonging their survival. For a decade or so, we may actually see a worst environment for unbiased reporting.
Waaaah...let me try to muster a tear. And this from someone with a journalism degree.