We are witnessing the collapse of legacy and traditional media and entertainment companies. News operations are taking their last gasp of oxygen as their dying business models struggle to extract any remaining revenue. In their desperation, they have sold themselves out to political parties, advertisers, and the establishment, resulting in a complete loss of credibility and profits.This era is coming to an end as technology continues to evolve rapidly. The next victims could very well be the big three—Google, Meta, and Microsoft. You never know—just remember what happened to Yahoo.
