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Examples like the progressive digital outlet "Now This" showcase the struggles inherent in such transitions. Once a growing platform aimed at young consumers, it is now forced to downsize due to declining advertising revenues. The progressive focus that initially attracted its audience seems increasingly out of touch, showcasing how even genre-specific outlets can falter in a rapidly changing media climate.

A Look Ahead

With the ongoing decline of legacy media, the future appears uncertain for traditional news organizations. Many predict a catastrophic 2024 for legacy outlets unless they adapt swiftly to the changing landscape. Some speculate that companies may defer deeper layoffs until after the holiday season, aiming to maximize advertising revenue while they can.