Facing financial constraints, Pulitzer Prize winning newspaper decreasing publication

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exp point haughney picayune_00005418

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Historic newspaper scaling down 02:39

A Pulitzer Prize winning newspaper in New Orleans will only be printed three days a week instead of daily, and is laying off a third of its staff as a result.

The 175-year-old Times Picayune is merging with NOLA.com to form the NOLA Media Group. The newspaper will be home-delivered and available in stores on Wednesdays, Fridays and Sundays. The website, meanwhile, will transform into a 24-hours-a-day news source.
Three Alabama newspapers are undergoing similar restructuring, causing many to wonder whether or not this is the beginning of the end for newspapers.
New York Times reporter Christine Haughney joins the Starting Point panel today weigh in on the difficulties local newspapers are facing in an increasingly digital world.