i don't think we should act like journalism was in a great place before.
FB capitalized on a weakened industry, but it was the industry itself that was responsible for that state.
they really fucked themselves by not transitioning to the new market, instead insisting that it was the customers that were wrong. all these years later, i've yet to see a news outlet that would be worth the subscription fee. they're mostly recycling content from other, free sites anyway.
once the older crowd passes, traditional news outlets are done for. the ones that remain will be the ones that were providing the content all along.