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by tsycho 1049 days ago
Spanish newspapers tried this. They failed miserably.

Don't let your dislike for social media blind you from the reality that the world has changed, for the majority of the people in the world. People will spend their free time on these sites/apps, whether or not they have news.

The old local news model is dead. Niche sites like the WSJ, FT, NYT can survive with paid subscriptions, the rest have to find a different business model. This is not a conspiracy by Big Tech or billionaires, as much as we might want to find someone to blame. It's a structural change in the ether of society, information and distribution. Anything with near zero marginal costs of distribution needs is now in competition with the whole world, and unless they have something unique that people are willing to pay for, their days are numbered.