I don’t know that it ever worked and maybe there’s a hump we can get over when individuals really can create their own media. It feels like we’re getting there with journalism, through real investigative or international journalism may always be prohibitively expensive (sharing an opinion or researching public data is easy. Else not so much)
But I’ve never really enjoyed the news. The news has never been what the newsroom said it was, at least not in my lifetime. It was always pretty shallow.
Hollywood is similar, it was certainly better?, but will we get to the point that a movie line rounders could be self-financed?