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Independence Requires Readers
Richard Tofel and Dan Kennedy make the best available argument for reader-revenue journalism — and they're right. The logic holds.
Peter Cellino·Apr 9, 2026
Topic
Journalism Economics
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The Paywall Is a Confession
Gannett has 1.45 million digital subscribers across 200 local papers — about 7,000 each, and falling. A paywall on a declining local paper is not a rescue. It's the trade that finishes the decline.
Peter Cellino·Apr 9, 2026
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The Media Business Model Nobody Is Talking About
The Messenger burned $50 million in eight months. The median independent local newsroom makes $130,000 a year. Peter Cellino on the business model nobody in local news is talking about — and why…
Peter Cellino·Apr 3, 2026
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What Big Media Got Wrong About the Local News Crisis
More than a billion dollars has been invested in saving local journalism since 2005. In that same period, 3,300 newspapers have shut down.
Peter Cellino·Apr 3, 2026