I was editor of my daily college newspaper, which had $1m annual budget in 2006 funded entirely by student-sold advertising to local businesses. The paper today

I was editor of my daily college newspaper, which had $1m annual budget in 2006 funded entirely by student-sold advertising to local businesses. The paper today is a shell of its former self, basically a weekly pamphlet. Its demise happened on a delay vs professional newspapers due to a captive audience in classrooms, but I think ubiquitous smartphones finally did it in in the early 2010s.