Major cities had more than one - the rest did not. The major cities had 2-3, so a duopoly. They all minted money for decades before the internet.
The local newspapers in question have terrible economics now because of the internet. The competition has come from the internet. Sinclair is dying, because they have bought a bunch of dying/dead assets. Tronc is the same. There was nothing to do here, the newspaper business as it worked previously is dead with a few exceptions.
The business is dead. The people involved aren't getting paid well, the owners are losing money, it's all bad when economics go bad.