Part 1/15:
The Decline of Legacy Media and the Rise of YouTube: An Industry in Turmoil
The recent wave of layoffs and financial struggles across major digital media companies highlights an unsettling trend within the entertainment and journalism industries. As traditional outlets like Vice and BuzzFeed stumble, some industry insiders are beginning to question the sustainability of the legacy media model—particularly those heavily reliant on venture capital—and the shifting landscape toward video content and independent content creators.