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A comment on We Never Paid for Journalism. Parent comment
Because they lost their monopoly!
In most markets, there was one newspaper and that newspaper could charge advertisers as much as they wanted to.
When your monopoly rents go away, you go out of business.
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Because they lost their monopoly!
In most markets, there was one newspaper and that newspaper could charge advertisers as much as they wanted to.
When your monopoly rents go away, you go out of business.