I know I'm a day late, but thought I would provide my perspective.

I think there's two aspects to this, is journalism sustainable and is journalism worthwhile. I think publishers are having a hard time with the former, but I think undeniably it is valuable in the latter. As the world becomes more complex and bad actors are becoming more sophisticated, I think the world needs more journalists to uncover truth and reality, especially since there is profit to be made from writing fake news. I think the fact that it's not sustainable now means that we should move to a model where we subsidize news with public funding; not sure what the best structure is, but there is so much good public externalities to journalism that it's worthwhile to fund it with public money.