As HuffPost and BuzzFeed shed staff, has the digital content bubble burst?

Fears are growing that current models of paying for online journalism are broken

In 2005 a 29-year-old media studies graduate called Jonah Peretti helped to found an online news and comment website called the Huffington Post. A year later he started an experimental side project called BuzzFeed.

The two sites would help create an online media boom, as investors rushed to buy stakes in the belief such outlets were more nimble and more in tune with the desires of readers who grew up on the internet rather than with traditional newspapers and broadcasters.

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from The Guardian http://bit.ly/2Tb2KLf
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