Local journalism has an incentive to serve its audience as they are easily held accountable as such. These media conglomerates do not. They can just shut some

Local journalism has an incentive to serve its audience as they are easily held accountable as such. These media conglomerates do not. They can just shut something down without a care when they disagree with a population and publish unpopular slop (crime news, engagement bait, whatever), and it's suddenly unprofitable.