It's easy to see how Twitter's anti-woke obsession drove away key user segments in a matter of months, and made the business not viable. It's harder to see how newspapers have done the same exact thing to themselves, slowly, over 50 years, as the demographics of who buys news, has changed beneath their feet.
If your business depends on everyone paying a monthly fee, to hear rich white men lie about and harm them... I don't know how to tell you this, but that business is not long for this world.