“Community” has been a keyword in the Taiwanese society and culture since the 1990s. The community empowerment, the reconstruction following the 921 Jiji earthquake, and even the revitalization of local communities are all closely related to the concept of community. Taiwan’s community media once thrived and played a role in transmitting information and consolidating community identity. However, unsustainable policies and the impact of new media continue to pose challenges to the form and meaning of community media. This article uses mediatization theory to examine the development of Taiwan’s community newspapers, analyze the structural factors behind their rise and fall, and consider how community newspapers can shape the vague and changeable concept of community and create a unique media culture.