Courtnay Kim, a 20-year veteran of the Star Tribune newsroom, has been named assistant managing editor of business news, taking leadership of coverage of the Minnesota business community digitally and in print.
With 17 reporters and editors, the department is one of the largest business-news operations at a newspaper in the country. Kim is the first woman of color to be appointed to the role at the Star Tribune.
“Courtnay is a thoughtful, aspirational editor who knows our community well and wants to serve it with the best journalism,” said Rene Sanchez, editor and senior vice president of the Star
The newspaper business has struggled for most of the 21st century as the rise of digital media has cut deeply into the revenue once generated by print advertising and newsstand sales. At the same time, Facebook and Google have grabbed a huge chunk of digital ad revenue, effectively blocking the industry from one of its traditional sources of cash.
Roughly a quarter of the newspapers in the United States, most of them weeklies, were shut down between 2004 and 2019, while about 50 percent of newspaper jobs were eliminated. Hedge funds, however, see newspapers as a potential bargain. With a
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