> No business model that involves selling content can get around a fundamental fact: Content can only be consistently good if its creators can make a living from it.

Not really. And this is probably why the 'professional' media is having so much trouble.

Because there are lots of people out there who are willing to provide high quality for free on a regular basis, and it makes people hesitant to spend money on the same from those trying to sell it.

All that high quality content being available for free is exactly why written content has so little value any more and why platforms can't monetise it. Because there will always be people willing to provide their work for less money than you.