[hammock]

Ad-supported business models are more prevalent and profitable now then at any other time in history. Why do you think publishing was left out?

[ohwellhere]

Newspapers were information and entertainment to many; the eyeballs coming for the latter subsidized the former. They lost the entertainment eyeballs -- now what happens to those who need reliable information?

This article is decrying the outcome of that, maybe.

[xyzzyz]

Same reason why horse drawn coaches were left out despite demand for transportation being higher than ever: newspaper ads lost to competition from other advertising venues, because they provided inferior product.