Almost any major undertaking requires free-flowing money. And the more of it you have, the more you can do.
Now even for newspapers that transition to the internet, I suspect that they will still be taking quite a paycut. And with the lower cost of entry, there’s likely to be more news outlets than less, meaning that the money is going to be diluted further. Bloggers are considered to be in the same realm as newspapers even when they simply cut and paste from, or link to, other sources.
Is there any particular hope that the sort of in-depth truth finding that was once profitable will become so again?
Could the rise of the internet explain the polarization of the parties and the wholesale spread of disinformation, in recent years?