It's the same story with local news outlets closing down. The news that the average person is interested in reading is a small fraction of the total and well-c

It's the same story with local news outlets closing down. The news that the average person is interested in reading is a small fraction of the total and well-covered by media with global reach. A niche outlet that cannot compete for the general interest audience ends up with too few readers to be economically viable. For a demonstration, consider the factors that led you to submit a Reuters article instead of the original shutdown announcement.