The news business faces a reckoning in 2024
Briefly

A new report saying billionaire Patrick Soon-Shiong has sunk hundreds of millions of his own money into an unprofitable Los Angeles Times underscores how desperate the news industry is to chart a plan for survival in the digital era.
If billionaire owners can't make the L.A. Times or the Washington Post profitable, then the news industry has to ask itself: What can?
Read at Axios
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