I don't really disagree but be aware that many of those people working in journalist cooperatives would probably make more money working at McDonalds. (Of course I'm sure they find working as a journalist more satisfying.)

McDonald's CEO made $17.8 million in cash/stock/options in 2022, so working at McDonalds must be a good gig. If entry-level workers made 1/100th what the CEO makes, that's $178,000 a year!