Wed., May 26, 2021 By Jon Gingerich Few sectors witnessed the financial impact of the COVID-19 pandemic like the print media industry. The coronavirus crisis put journalism’s future in peril, hitting the newspaper sector—already on shaky ground due to years of plummeting ad revenues—with yet another economic downturn, as companies in every sector affected by the disaster scaled back their advertising budgets, setting off another round of closures and layoffs in the print publishing world. Other news media publishers successfully staved off this economic fallout by pivoting to digital platforms, as the pandemic simultaneously drove an unprecedented sea-change in Americans’ media consumption habits, with