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Comment by etempleton

2 months ago

How do those sites make money if advertising doesn’t exist?

A major challenge in journalism is because of the collapse in value of banner ads. No one but the very largest newspapers have sustainable businesses in the United States and they only do because of the critical mass they have reached with subscribers.

I subscribe to a magazine that publishes tests and reviews of everything from lawn fertiliser to spices, via vacuums and mobile phones. It costs money and I trust that they are not bribed.

It seems rather certain an end to advertising would mean the death of lots of low-quality "media".

Good information is valuable. When internet didn’t exist people paid good money for newspaper and magazines because they provided good information which people found valuable.