A ‘Darwinian Moment’ for the News Business

Vanity Fair: “Just a little over a month into our national COVID-19 crisis, with more than 42,000 people dead in the United States as of Tuesday morning, more than 22 million out of work, the economy in its worst shape since the Great Depression, and no return to normalcy in sight—at least not the type of normalcy we’re used to—the ever-fragile news industry has been sucker-punched harder than, well, maybe any other time in the history of the news industry.”

Said one executive: “This really is a Darwinian moment.”

Axios: “The drastic measures at top digital media outlets serve as a stark reminder that few victims will be spared by the economic crisis prompted by the coronavirus pandemic.”