There were still some newspapers left in 2006. By 2022 they are all basically dead.
Also standards of journalism integrity were bad then but they are abysmal now. Very few journalists actually investigate stories, most just re print press release.
That's just blatantly wrong. There is still great journalism out there and the depth and breath of quality news is now reaching farther than ever before.
But of course you are right: who could have foreseen how much bad news people want to read and how little they want to pay for quality news. Why do people watch Fox or read Murdock media rags?
Also standards of journalism integrity were bad then but they are abysmal now. Very few journalists actually investigate stories, most just re print press release.