Because no one other than tech VCs will touch media with a 10 foot pole. And tech VCs aren't going to change their entire investing mindset/philosophy for a dee

Because no one other than tech VCs will touch media with a 10 foot pole. And tech VCs aren't going to change their entire investing mindset/philosophy for a deeply unprofitable niche with no chance to hit it big. There's been multiple waves of VCs to invest in traditional media. Out of both economic opportunism, as well as a desire to at least save a bit of the industry that died because of digital advertising. Every single one failed, not one large success. Hiring rooms of journalists to publish articles is very high cost and risk without any economies of scale that software people have.