There are too many existing and former government investments, protections, and subsidies to allow anyone to claim news outlets exist in a “free” market. Once we get that delusion debunked, we can fix the problem of failing news.

While everyone knows that newspapers are going the way dodo, how many know how bad the decline curve really is? For that matter, is there any reason to care? I here give a taste of how bad things are, and why you should care.