Yeah, really not high-quality content, I don't want to read that stuff . Nevertheless that should not be the reason to kill your accounts without any prior notice after spending 60 million in ads.

Where there is demand, there is supply.

This is hopefully the answer. Hopefully facebook is trying to improve their feed. It's absolute garbage.

I don't want to read their content, but why should I (or someone else) get to make the decision of what others choose to read? I see lots of stuff shared on Facebook that I just can't believe people are into, but they are really into it. Good for them for finding enjoyment in it. If I don't want to see that content, I can mute the person to clean up my feed.

If the content doesn't violate any rules and people want to read it, then it has a place. If it does violate rules, then communicate those clearly. Given that, I think that this is most likely not an issue of rules violation but of Facebook not wanting the content on their platform (and not wanting to actually justify that).