“For quality games media, I continue to believe that the best form of stability is dedicated reader bases to remove reliance on funds, and a hybrid of direct reader funding and advertisements. If people want to keep reading quality content from full time professionals, they need to support it or lose it. That’s never been more critical than now.”
The games media outlets that have survived, except for Gamespot and IGN, have just about all switched to this model. It seems to be the only way it survives.
I’ll only address journalism as it relates to video games/reviews, but my opinion is that there are better ways to communicate information about a game than reading about it.
For me the big one is simply seeing it played. I’ve read beautiful reviews of games that when it comes time to play do not click for me. Watching someone else play it gives me way more context and appreciation. My go to for this is simply youtube. I skip the middle man entirely. I get a wide range of videos from different players in an easy to access format. Others I know use twitch to similar effect. As the options for providing this information grow, older media lose footing. I’m not surprised at all. I’m not sure we should lament it, truthfully.