Pros
Connections you will make with your sources and fellow reporters. Pay is a tad higher than some newsrooms.
Cons
If you have ever worked in another newsroom, you will not believe that this newsroom exists - seeped in negativity, lies, unethical behavior and the like. The top editor lies constantly and is verbally abusive, as other reviews attest to. He makes associate editors of 20-somethings with absolutely no editing experience and just a few years of reporting experience, so he can use them as puppets. These associate editors are so inexperienced that you have to edit and proofread every change they make, because they typically don't understand what you have written and proceed to change it and make mistakes with what you've written. When they send you proofs of the next day's paper, it's riddled with errors in the stories, the headlines, the decks, the captions, everything. Sometimes, they take umbrage when you correct them. The top editor fosters a culture of constant criticism, even when it's unwarranted. He's constantly looking for ways to tear reporters down. He lies in your annual review. And, if you call him out on it, he will retaliate. He makes decisions to run stories based on his own personal whims, capriciousness, prejudices and personal grudges, instead of on each story's merits. If you've ever worked in another newsroom, you will not believe how disrespectful the editors are toward the reporters.