What happened is there used to be local newspapers with local reporters who at least knew something about the local community. Even if you hated the bias you could at least learn something useful about your community.

USA Today as a "my country Today" edition - but they don't have local reporters who understand my community and uncover the important stories. 3/4s of the "local" paper is fluff pieces that go into every local paper". If something nationally important to me happens I'll find out about it, but nobody is telling me what my town council is doing (the published minutes are "debated a proposal for X and voted on it, it passed" - I have an opinion on this and want to inform my next vote based on this issue, but I don't know who did what (importantly there might be a consideration I'm not aware of that would make me change my mind - which is why I don't want to lookup their vote even if I could)

They bought the newspaper I worked at in/after college. They downsized significantly, but many folks I worked with over a decade ago now are still there.