Technological changes and shifting consumer habits over the past two decades have changed the news industry. The old advertising-reliant business model doesn’t work anymore, leading to shrinking revenues.

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It’s well-documented that technological changes and shifting consumer habits over the past two decades have changed the news industry. The old advertising-reliant business model doesn’t work anymore, leading to shrinking revenues for the Chronicle and other news organizations.

The result is fewer outlets and fewer journalists covering local news. You may have noticed: California has lost more than 40% of its newspapers since 2005, according to “The State of Local News” report by........

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