Lots of people won't pay for journalism anymore. You'd have a hard time convincing me (or most other people on here) that journalism is no longer important.
It's the diamonds vs water paradox of value. Diamonds are highly valued yet practically useless to most people. Water is extremely low-valued, yet essential to all life on earth.
High-quality, investigative journalism is an essential institution for a functioning democracy, yet it's not valued by the people it is most important to: average citizens.
This is the short-sightedness of market fundamentalism. To take this to a ridiculous extreme, if I decide that taking care of my children is no longer ROI-positive, should I just decide this market has shrunk and the prudent thing to do is invest in new markets?
