Americans take pride in local news, but most are unwilling to pay for it, study finds

There is a “market failure” in the local news business, a new report suggests, because “even though Americans tend to view local news as a community asset, most are not personally helping to keep it viable.”

The report by the Knight Foundation and Gallup comes with both encouraging and discouraging signs about the state of local news. CONT.

Brian Stelter, CNN Business