Why is Mike Hudack so mad at media?

Mike Hudack, an executive at Facebook, went on a bit of a rant about the state of US media and how it is being slowly chipped away. He is right, mostly. Not surprisingly, his post got picked up across the social web and eventually became a poster child of the churnalism he was mocking.
Mathew Ingram, did a good job of capturing the reactions from some of the more sober voices on the pro-media side of things, but I wanted to raise a couple of points. I am a voracious reader and over the years have optimized my reading experience that is less judgmental about people’s opinions, instead focusing mostly on the quality of the work.
Sure, quality is all subjective — what’s the point of taste if it is not individualistic — but given the success I have with my email newsletter and the click throughs on the links
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