Media cuts persist amid ad market slowdown, AI fears
Briefly

Continued layoffs in media companies show the struggle amidst an unpredictable news cycle. Major players like Axios, Tampa Bay Times, and GameStop announce significant cutbacks, illustrating industry-wide challenges.
The ad market slowdown, decreased subscriber interest in political news, and reduced distribution by social networks like Meta, are impacting publishers. To adapt, newsrooms are shifting focus to premium products and events, away from ad-dependent models.
Read at Axios
[
|
]