Remember when your local newspaper was filled with classified advertising? Once, three-line ads for lonely hearts and used cars for sale were a guaranteed source of revenue. Then Craigslist replaced classifieds in the US, and the result, Ruben Durante tells Tim Phillips, has been less political reporting and more partisan polarisation.
You can download and read the underlying research, Djourelova, M, R Durante and G Martin (2021), “The impact of online competition on local newspapers: Evidence from the introduction of Craigslist”, CEPR Discussion Paper 16130 , here