Digital media outlet TODAY will be merged with CNA's digital newsroom from Oct 1, and will not result in any staff cuts. Details:
https://cna.asia/3X2lvCL
One less local daily news source.
news/rumours etc are always in demand to fill the spare time of many people.
it is still in demand. just the delivery channel has changed from controlled high cost to low cost to produce and platforms offering small return for low cost productions. so many producers now call kol.
so those who cannot adapt to the delivery channel changed will need new source of income.