Internet media outlets collapsed in succession from 2016 to 2024

Evidence

The implosion of internet media followed suit. Gawker was the first to fall, in 2016, after Peter Thiel funded Hulk Hogan’s successful lawsuit against it. The site made a brief comeback in 2021 but was shuttered for good shortly thereafter. BuzzFeed News, once a pioneer in digital journalism, shut down in April 2023, leaving the main BuzzFeed site to hobble along. Vice collapsed a month later. In early 2024, Condé Nast laid off staff at Pitchfork Media and folded the site into GQ. — W. David Marx, Blank Space, 713

Categorization

• XREF: Implicates Peter Thiel, who also appears as the doomsday-bunker figure below — the same money funding both media destruction and survivalism. — connects to: Dominant media networks can be at peak size right before decline — Tim Wu, The Attention Merchants, 581; Around 2000 the media consensus held that the internet would make old media extinct — Tim Wu, The Attention Merchants, 858