not sure if the ad industry per se can be blamed for the degradation of journalism. at least not in the way you imply. Newspapers used to have even more ads. i also don't see much higher quality in outlets that are financed by oligarchs etc...
what degraded the journalism in my view is consumer shift towards UGC and social media (which in turn is ad funded and drew away advertiser budgets, leaving the Journalistic outlets with low(er) quality ads).
but its a rather complex topic and possibly all views here are too simplistic
what degraded the journalism in my view is consumer shift towards UGC and social media (which in turn is ad funded and drew away advertiser budgets, leaving the Journalistic outlets with low(er) quality ads).
but its a rather complex topic and possibly all views here are too simplistic