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Adapt or Perish: The News Transformation Challenge
News organizations face significant challenges in transitioning from traditional subscription models to sustainable revenue streams in a digital media landscape. While video content remains highly monetizable due to effective advertising opportunities, many traditional news outlets, exemplified by CNN, still rely heavily on subscriber revenues from cable bundles, indicating a need for a fundamental change in their cost structures. As consumer behaviors shift, finding a viable subscription base for news becomes increasingly difficult, potentially leading to greater partisanship in news content as outlets cater to niche audiences. The rise of individuals without traditional monetization pressures suggests a new landscape where quick, cost-effective perspectives may dominate, raising concerns about the future of text-based news online.