No media outlet will survive without consumers. The number of newspapers that have gone under in the past 20 - 30 years is huge. Many of them were bought-up by companies that offered more of what the consumers wanted. How do they attract consumers?

If the conglomerate fails to successfully deliver that which the consumer wants then the conglomerate will go under.

I read recently that less than half of the S&P 500 companies in the 1950's are still in operation today. Those on that list are the most stable companies in the USA, yet half of them are gone.

The news media is no different from any other company. If they don't deliver they will die.

No company in a free market can survive without consumers.

B