I can't see a way for this style of design to be feasible that doesn't rely on a subscription-based business model. As long as users allow free + advertising generally be the way to for build a dominant tech company then I would assume anyone that tries to compete by not optimising for advertising (eg. reducing friction for users) will lose. Which is a damn shame. Based on my limited knowledge of the history of news…
The only thing where this would not work so well is social networks, due to the network effect.