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Panel Discusses Financial Risks of Declining Local News Infrastructure

2 reports, 2 independent Updated Sun 00:00
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What happened

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Chris Stirewalt of the American Enterprise Institute moderated a panel discussion on September 23, 2026, at the WVU Reed College of Creative Arts and Media. The discussion focused on the financial risks associated with the decline of the news industry across the country. Stirewalt noted that since 2002, 80 percent of the jobs at newspapers and newsrooms had been cut. He stated that the cost due to the dearth of local news coverage averages $1.5 billion annually.

From wajr.com

Why it matters

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The panel highlighted how conventional news sources struggled to survive without subscriptions, leading to a decline in public engagement. Stirewalt cited a study showing that government agencies in communities that lose news organizations often face higher borrowing costs due to increased lender risk.

From wajr.com

Who's involved

  • Chris StirewaltModerator of the panel discussing the financial challenges facing the news industry.

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The entities involved

  • Chris Stirewalt

    American political news commentator, television show co-host, podcast host

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