Coronavirus to deliver fresh hit to staggering media sector

WASHINGTON – The ailing US news industry is bracing for more turmoil with the coronavirus pandemic expected to deliver an economic shock to the sector — just when people need credible information the most.The impact is expected to be especially difficult for the newspaper sector, which has endured a decade where 2,000 publications have disappeared and newsroom jobs have fallen by half.News organizations are expected to take a hit from drops in advertising in an economic downturn, and could see declines in subscription revenue as readers pare expenses.Conferences and events that some organizati…

Read More