Will newsletter advertising replace website advertising – and how soon?

Is the Morning Brew model – $20M revenue from newsletters – poised to become a template for media to thrive – and in some cases to survive – in the future?
While print, events, and apps are largely immune to drops in organic web traffic, niche media that rely on organic search to power online display advertising or subscription sales are at risk. Experts estimate a 66% drop in organic search traffic over the next two years. It’s already happening.
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