I think, closer to the lines of thought that Ben Thompson of Stratechery has laid-out, that news publishing is about to undergo a major nichification – the days of everyone trying to report everything is over.
“Local” (whether by geography, interest, or some other grouping mechanism) publishing in narrowly-defined niches is basically going to finish gobbling the Old Line news publishers in the next 3-5 years. And I see automated “curation” (though, if it’s automated, it’s technically not “curating”) as a clever way to cross-cut unforeseen niches from other niches (and from the handful of “major” publishers that will refuse to die – even through they’re going to dramatically shrink very soon) – think applying pivot table data anaysis concept to news and publishing, rather than mere data.
Jean-Louis Gassée wrote in February the following about Facebook, & Google, about news publishers: “If they are really willing to contribute to a sustainable news ecosystem, as they claim, both should allow publishers to sell subscriptions on their platforms (while collecting a fee, obviously).”
And that’s certainly an interesting idea – but one that I think will only last, if it even comes to fruition, for a very short period of time. It’s the Napster of news publishing.
I see news publishing undergoing the same sea change the music industry did starting in the late 90s with the rise of #Napster. Until Napster came along, if you wanted to listen to a specific song, you had to either a) wait for it to be on the radio, b) get the vinyl/tape/CD, c) get a friend to record it for you from the radio or some media they had. Then Napster and its ilk came along with peer-to-peer file-sharing, crazy lawsuits from the #RIAA, and services like #Apple’s #iTunes charging a mere $0.99 per track (and $9.99 per digital album) made file-sharing (which became a major attack vector for malware)
Then Napster and its ilk came along with peer-to-peer file-sharing, crazy lawsuits from the #RIAA, and services like #Apple’s #iTunes charging a mere $0.99 per track (and $9.99 per digital album) made file-sharing (which became a major attack vector for malware) far far less interesting: why spend hours searching for and downloading songs (which might be lousy quality, not the “real” song, etc) when you could just go to iTunes and get what you want in a couple minutes for 99¢?
Then came Pandora. And Spotify. And probably all kinds of other services I don’t know anything about. Why? Because people wanted what they wanted when they wanted it.
The same is true for “news”. How much of an average newspaper issue does the historically-average newspaper reader actually read? 10%? 30%? 50%? I’d bet anything north of 20% is highly unlikely overall.
And what do you have to do to “read” the news in a newspaper? You need to skip past ads, you need to flip between pages (and sometimes sections), you need to physically get the paper. And on and on. Paginated websites (like diply, just to name one) try to replicate the newspaper feel (flipping pages, skipping ads, not being able to see everything until you get to the end, etc) in a move to make money by selling ads and forcing eyeballs to look at them. (To combat that, folks like me run tools like pihole and ublock origin.)
Nichifying news is going to be a huge thing very soon: somewhat akin to the idea of targeted newsletters, but for “real” news, and not just something related to a website.