Around Ithaca, NY the local government is thinking about defunding the daily "paper of record" (which gets paid to run legal announcements) because it has been superseded by weekly papers and online local news. The Ithaca Journal seems to get thinner every week and, besides those legal notices and the spam want-ads to recruit you to cash checks for money laundering, is mostly full of syndicated news. 20 years ago I would always run into reporters from the Ithaca Journal at public meetings but now they are absent.
The good news is that there are two weekly print newspapers
https://www.tompkinsweekly.com/ https://www.ithaca.com/
and at least one pure online play
not to mention another weekly paper oriented entirely towards entertainment, culture, dining and stuff like that.
If you accept the idea that the generation rate of local news in a small city is too low to justify a daily paper than the transition from daily to weekly which improved economics is a good thing. Seen that way we're in a golden age of journalism in Ithaca. I've seen weekly papers be successful in many other locations but usually in the form of the "entertainment, culture, and dining" paper. Here in Tompkins though our weeklies are so good who needs a daily?