| It costs money to pay journalists. You get that money through advertising or subscription revenue. Advertising revenue is gone because everyone has adblock. You couldn't adblock TV or a physical newspaper. Subscription revenue is gone because newspapers don't monopolize their localities. Anyone that isn't the New York Times is struggling. > It never occurred to me we’d get here. My parents were journalists. The business model has been broken before I could read. |
What do you mean by this? Do you mean newspapers don't utilize their localities as much as they could, or that they're unable to create monopolies on local information nowadays?
Just genuinely curious, I have a brother in law who's the editor at his small town newspaper, so I'm tangentially interested in this kind of thing.