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I think it’s just a human problem. You or I may like to read long form journalism, but we’re in the extreme minority. It’s not dying because it was so hugely profitable.
Logistically too, if you’re trying to parse through the top 100 tweets in a day, and each one takes multiple paragraphs to get to the point, the amount of various viewpoints the average person is able to interact with shrinks dramatically.
Granted, it seems like everyone is taking the forced brevity as an excuse to just write +1 to pile onto their side, since that’s easier.
That’s the thing though, it’s not Netflix vs cable anymore. It’s Netflix + Disney + Prime + whatever other streaming services have the shit you actually want to watch. And when you add it up, it’s just like cable packages. The only advantage is it’s all on demand.