In the Nordic countries, local and regional newspapers have functioned as keystone media. This article examines the emergence of hyperlocal initiatives as part of evolving local media ecosystems in Finland, analysing the extent and characteristics of hyperlocal media, and how they relate to wider changes in the Finnish media ecosystem. The data gathered on hyperlocal initiatives include a semi-structured survey by phone and online. The research conducted shows that the field is diverse. Rather than considering hyperlocal media in the context of typical publication forms, these newcomers can be best described according to a set of dimensions. Furthermore, the results indicate rather a strong desire to engage people in community building. The emergence of hyperlocal publications means adding a new layer to the Finnish media ecosystem. This development also provides the grounds for further study of the possible emergence of a new media era in Finland.