Earlier quoted context omitted.
> No, it will basically make a newsmedia site unprofitable. I think it is the EU that has not fully thought this through. Most of the news industry is already sickly, financially, and they mostly have no model other than advertising (with a very few exceptions). We have publicly funded broadcasters in most EU countries. The ad-supported news sites, on the other hand, are generally doing more harm than good. News outl…
You don't see the potential problem if the only media that is able to exist is that which is state sponsored? You may be happy with the state sponsored options now, but will that always be the case? Would you feel the same if you living in the Soviet Union or Germany circa 1940?
To get the most ad revenue they need to cater to the majority. See e.g. clickbait. For stable income, finding a group and catering to their opinions/narratives is also an option, and is also not independent news. See e.g. infowars. Finally, to get any ad revenue, they need ads. Unlikely many corporations will run ads on anything that is perceived even slightly controversial nowadays. See e.g. YouTube.