So, no need for the old options of television and print media that are considered by the growing, more mobile population as being “past their use-by date”.
Unfortunately for the remnants of the traditional MSM, survival is dependent on falling advertising sales. This once huge source of revenue is now available only to those outlets that still attract an audience sufficient to keep them in business. And those readers and viewers will only continue to pay their subscriptions as long as the editorial content is in tune with their opinions and preferences.
In my humble opinion, the latest closures of media outlets are, in the main, a direct reflection of the editorial content on offer.
Frankly, it is a bit late to be blaming everyone but themselves.
Casual conversations with people of all political persuasions across the country would show that too many people are offended by the Woke, ideologically biased editorial content of MSM outlets and their refusal to publish content that offers a different point of view on the issues that should concern us all. People are voting with their feet.
Consequently, the advertising money is flowing to newspapers and TV channels that offer the alternative choice and growing audiences, alongside social media and Google.
It is also interesting to note that the Western news companies best able to survive this dramatic drop in revenue are those that are government owned. But it is only a matter of time before the public will force governments to tell state media employees that their funding is at risk if they don’t operate in a way that their charter dictates.
Provincial media outlets — take note. You could be next to fail.