Algorithms in particular are problematic. And drive most new traffic to news websites.
Noah Smith:
"There is a growing body of careful research establishing causal links between social media and political polarization and extremism. But simply looking at the trend lines is enough to realize how much American society broke in the 2010s when everyone got a smartphone, Twitter, and Facebook. The 2010s are when perceptions of race relations in America fell off a cliff; when people began to perceive much more discrimination against themselves, despite declining discrimination in offline society; when progressives in particular became depressed en masse and started to experience mental health issues on an astonishing scale; and when young Americans started losing trust in their institutions at a rapid rate."
fell off a cliff
discrimination against themselves
depressed en masse
mental health issues on an astonishing scale
institutions at a rapid rate
All in one paragraph. I don't even know this author, but the breathless panic induction makes sure, I'll avoid him in the future.
The Tribune will still have advertising.
Donors and owners are different.
Tesla/SpaceX didn't donate to Trump's campaign, Musk did. It wasn't Palantir, it was Peter Thiel. (to my knowledge but I honestly didn't check the dono rolls, just going off remembering headlines here)
Either way, the outcome is basically the same. If they ban companies donating, CEOs will donate with a wink wink, as the cost of the donation is peanuts to the profit they'll make. These aren't your standard donations for tax-writeoffs (though I'm sure it helps, too), these are purchases of influence
My pops used to work for Lockheed, and every couple of years he would get a big bonus, then tapped on the shoulder that it was 'his year to donate' to PACs. They'd let him keep enough to cover taxes plus a little extra, but it was understood why he suddenly got a large bonus. This was back in the 80s, so maybe things have changed since, but I'm sure whatever regulations have been put in place are easily avoidable. The people who wrote the laws are the same ones taking the bribes.
If you're suggesting "The good guys just need to out-donate the bad guys", the unfortunate reality is the bad guys are donating because it makes them money, so they can afford to. Nobody bankrolls good deeds that lose money.
But that is also no different from one single client being 60% of your revenue.
In both cases, they'll be calling some shots.
Even if your 60% guy owns a pharmaceutical company, he might even be happier to push reporting on the problems with other pharmaceutical companies.