Bear in mind that the rapidly increasing supply for news does not change the relatively fixed demand. Also, while the barriers to production have diminished, th

Bear in mind that the rapidly increasing supply for news does not change the relatively fixed demand. Also, while the barriers to production have diminished, the barriers to distribution (I mean actually getting in front of eyeballs, not merely the potential for such) are still limited by either that "virality" component or money. As for nostalgia; people control distribution channels today, too, but that's somewhat orthogonal to my point.