<img src="https://npr.brightspotcdn.com/dims3/default/strip/false/crop/7278×4797+0+0/resize/7278×4797!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F29%2F46%2F412719e44ad6a73780cf389a229b%2Fmorse-ajc.jpg" alt="Andrew Morse is stepping down as publisher and president of the Atlanta Journal-Constitution next month. Morse had aimed to achieve 500,000 paying digital subscribers by the end of 2026. He now says the goal is attainable, but will take more time.”>

The owners of the Atlanta Journal-Constitution invested $150 million to reinvent the paper. The changes have been significant. Three years in, the payoff has been modest.

(Image credit: Paras Griffin)