New Delhi, March 16 -- Growing up in Trinidad and Tobago, Carlon Augustus remembers reading the newspapers his grandparents bought daily. Now 32, he says he turns to social media for the latest news.

For him, it's about getting news in real time.

"Everything is on social media now. Whatever happens today, you don't have to wait to get the papers tomorrow," he said.

Media owners point to shifting reading habits like Augustus' as the primary reason two legacy newspapers have folded in the Caribbean so far this year: Guyana's Stabroek News and Trinidad and Tobago's Newsday.

Newsday's closing is a 'loss to the country, democracy'

Stabroek News printed its final edition on Sunday and halted its online publication. It was established in No...