Earlier quoted context omitted.
>closing yourself for an market that size will hurt more than changing a few thing to be compliant Only if I make significant money from that market. If most of my revenue/profit comes from the US and it's problematic to "do business" in the EU or China, why wouldn't I want to just cut access off rather than dealing with potential hassles? The fact that it's potentially a large market is irrelevant to me. In this cas…
They could still make some money from showing non-tracking ads to European users and tracking ads to American ones. Perhaps not as much, but as they have already written the content I don't see why you would just give up on that revenue stream.
Personally, I do no tracking on my sites so it's irrelevant to me but I understand why news sites with primarily local readership would decide dealing with the EU is more trouble than it's worth.