Yeah, the latter is an important point people tend to overlook. Originally the only way to get news about companies/product announcements, sports, art, music, m

Yeah, the latter is an important point people tend to overlook. Originally the only way to get news about companies/product announcements, sports, art, music, media, etc was through third party middlemen in the way of news organisations and magazines. Now none of those need said middlemen anymore and can just reach their fans/customers/users directly through their own sites and social media profiles. So there's arguably no real value proposition for most subject specific news outlets anymore.