The problem with journalism is everyone wants it but hardly anyone will pay for it unless it directly helps them in some way.

So Bloomberg and the FT (trade press) have a business model, the BBC has the license fee so doesn't need a business model, and everyone else will go bankrupt slowly – note that none of the other para-news apps which were fashionable a while ago (Circa, Feedly, Google Reader, etc...) have come anywhere close to being financially valuable.