So-called “Traditional Media” has been going the way of the Dodo since the arrival of the internet. Various schemes have been employed to try and save the dinosaur, including putting content behind a paywall, massively cutting staff, or merging with other dying media outlets.
Then along came the billionaires like Jeff Bezos and Patrick Soon-Shiong — owners of the Washington Post and Tribune Company respectively — who didn’t want to have their morning coffee without being able to read their morning paper. Eventually, the losses will be so steep that even people who have everything will tire of playing fairy godmother to a bunch of arrogant, biased, partisans who constantly denigrate and insult the readers who have gone elsewhere for their news.