The Decline of Traditional Media Outlets

Traditional media outlets like sports illustrated, pitchfork, vox, jesebell, and vice have been experiencing significant challenges and layoffs due to a combination of factors such as the decline in advertising and classified businesses, print media, and the dominance of tech giants like Google, Facebook, and Amazon in the advertising industry. This has resulted in a shift of advertising dollars away from traditional publications towards online platforms and closer to the point of purchase, impacting the financial stability of these media businesses.