No, I think the days of the big bad ugly newspaper company monopolizing media are long gone. I don't know why we would worry about tiny little newspaper companies, because they are tiny compared with big digital media companies.
Just to give you an example, Postmedia is now valued at $10 million. That's the stock market value of Postmedia. The Toronto Star is about $150 million. By comparison, BuzzFeed is worth more than a billion dollars. Vice Media has a valuation of $4.5 billion. These are the monsters out there. These are the huge companies, the conglomerates, that are actually a real concern. Newspaper companies are mostly just struggling to survive.