This is contrafactual. Many things survived on exact that model before hyper targetted ads. And besides, with targetted ads the middle men take most of the cut.

This is incorrect as companies will pay less for ads that convert less.

And not surviving would.be the best outcome in a large number of cases.

Yes, we all know how great countries with no free media do.

Absolute dreams.

There's no free media. It's propaganda from all sides. And I suspect it always was like that.

Biased or not, it's still useful and need to be free.