From a column by Margaret Sullivan in theguardian.com headlined “Vice is going bankrupt, BuzzFeed News is dead. What does it mean?”:
In a seminal 2009 essay, Newspapers and Thinking the Unthinkable, the brilliant New York University professor Clay Shirky made the point that journalism as we had known it for decades was finished – and for good reason.
The reason, in a mere two words: the internet.
And he certainly proved right. With a few notable exceptions, newspapers – once the core of American journalism – have been dying right and left.