Yes.
Community newspapers experienced a less significant drop in revenue than daily newspapers did. So there is the proof that, locally, the demand exists for a hardware store to place its ad in a printed paper—and you can attest to that. That is where small business at the local level turns when it wants to advertise and reach the public.
I already mentioned this, but it bears repeating. Global News is competing with CNN, but local new sources in Amos or Longueuil, say, aren't affected. CNN doesn't give people information on tire services in Longueuil.
There is tremendous competition from new information sources, and they are frankly very effective.