Is Investing in Newspaper Stocks Still Worth It?

I've been looking into newspaper stocks lately, and I’m curious if anyone else here has experience with them. I know the industry’s been facing some serious challenges with digital media taking over, but I can't help but think there might still be potential for some companies.

I recently read about a couple of local newspapers that have been diversifying into digital subscriptions and community events. Has anyone seen success with investing in these kinds of stocks? Do you think there’s a future for them or are they just on the decline? I'd love to hear your thoughts or experiences—whether you’ve made some moves in this space or are just keeping an eye on it. Just trying to figure out if it's worth the risk!