Earlier quoted context omitted.
I actually agree with it too. Google and Facebook aren't the reason news outlets have cash problems and a free teat to latch on to isn't the answer. News is important, but let's fix the problem in a better way.
What is the problem with news? Why aren't people willing to pay for it?
I mean, seriously, that's the reason.
Back when newspapers were healthy, basically there was all this stuff that was bundled with the actual news that was of more immediate utility to people: classifieds, movie reviews, comics, coupons. And there was less competition for people's leisure time.
News is now in a very competitive leisure time landscape and is debundled from stuff that's of high value, and most people just don't care that much about news. They'll read it when it's around but they won't pay for it. The ones who are willing to pay for it mostly just subscribe to the New York Times because in a nationalized news environment why not go for the biggest producer.