This case study analyzes The Chronicle Gazette, a leading newspaper facing declining circulation and revenue in a major metropolitan area. The report delves into the state of the newspaper publishing industry, highlighting the challenges of declining advertising revenue and circulation figures, and the impact of digital competition. It examines both external factors, such as economic downturns, social changes, technological advancements, and competitive forces, and internal factors, including organizational structure, HR capabilities, financial position, and marketing/sales capabilities. The study assesses the strengths and weaknesses of The Chronicle Gazette and explores how companies in the industry are adapting their strategies. Finally, it proposes short-term and long-term strategic steps that The Chronicle Gazette could take to deal with the challenges, aiming to provide a strategic vision for the newspaper's future in a changing media landscape.