More websites than ever offer news and reporting, indicating that publishers believe the net to be a lucrative field of work.
Independent news outlets are just directly going to their fans to be sustainable. With direct payment services sidestepping both major advertisers and allowing immediate feedback from the audiences, journalist are now able to freely pursue the story that matters most to themselves and their supporters.
Propaganda-sites and fakenews-outlets, as well as plattforms such as facebook that merely recycle and present news are competition for traditional news-sites as well.
Resulting from the media-crisis, the general shift in paradigm and the new possiblity of appealing to a larger variety of target groups, a lot of start-ups seize the opportunities the web offers.
While the exact business-models as well as revenues may vary, almost every newspaper or magazine is online by now.