The Vice Media Collapse Was Entirely The Fault Of Incompetent, Fail-Upward Brunchlords
As we survey the rubble that once was the U.S. journalism industry, a common refrain involves lamenting that "online journalism just isn't profitable." But as the recent collapse of outlets like Sports Illustrated and The Messenger illustrate, the real culprit often isn't that journalism isn't profitable, it's that U.S. media is predominantly run by utterly…
Source: techdirt.com