Stop the presses, start the prompts.
👤 Source: Michael Girdley on The Koerner Office
Local newspapers have not declined, they have collapsed. The US has lost more than a third of its papers since 2005, roughly 3,300 titles, and they are still folding at more than two a week. Nobody is left to sit through the council meeting, cover the planning row, or run the photo of the under-12s winning the league.
The result is a country full of blind spots. Nearly 55 million Americans now have limited or no access to local news. More than 200 counties have no local news source at all, another 1,563 are down to a single one, and over half of all US counties have little to nothing covering them. And this is not just sentimental: a 2018 University of Notre Dame study found that when a town loses its paper, municipal borrowing costs and government waste both rise, because nobody is left watching the chequebook.
Here is the part that makes this an opportunity rather than a eulogy. The papers died of a cost problem, not a demand problem. Residents still want to know what is happening on their street, and local businesses are starving for a trusted local audience to put their name in front of. The plumber, the estate agent, the new coffee shop: they have nowhere credible to advertise. The attention is still there and the demand for it is still there. It was the printing press and the payroll that broke.
An AI-native local news business that stamps out a credible local masthead one town at a time. For each town you launch, the system spins up a branded website and a daily newsletter in that town's name, with an engine doing the heavy lifting underneath.
The wedge is deliberately narrow: own one town's attention completely. The platform underneath, public-record ingestion plus AI drafting plus a newsletter engine, is what lets you do it five hundred times.
Market size
ARR potential