The network effects. The strong get stronger and grow larger, creating a fly wheel. On X.com there are citizen journalists publishing and reposting tons of hyper local news, and I assume it also hits FB but I don’t use that. We don’t need as many proper media companies as we did decades ago. The Tier 3 media outlets died long ago, now WaPo tried to be tier 1 but it failed, and will die as a has-been slowly. Probably should switch to Washington DC gossip and scoops as its forte.