B_P_G t1_ixznvuh wrote on November 27, 2022 at 5:23 PM

Reply to comment by TurtleRockDuane in Fit to Print (2017) - Documentary that tells the history of how Wall Street greed and lack of foresight lead to the decimation of the newspaper industry and tens of thousands reporters losing their jobs and the eventual erosion of a vital way to hold power accountable. [01:33:47] by thenewsisreal

What do humans want to pay for? The issue is that the internet (over the span of a few years) changed the newspaper business from one of local monopolies or duopolies to a hypercompetitive market on a product with no marginal cost. Some of the former monopolies took that harder than others. But from a consumer perspective the internet has given you access to more news than ever.