Advertising-based revenue models are dead. Google and Facebook have cornered that market and are milking it for every penny.
I wouldn’t declare this so soon.
The funny thing about advertising-based business model is it comes back once readership goes up.
Even Google is not entirely safe because if someone manage to find a better way to search the internet, they can be gone instantly. Of course, they are smart in doing other things and will still be around in pieces.
FB, not so much. Already ppl are tired of the fake new, ads, and really lack of value. They only do one thing and will inevitably go down once ppl wise up.