There have been a lot of discussions about this and a lot of progress made toward it. As is turns out, super-rich people are not extremely fond of parting with their money even for projects they support - that's one reason they're super-rich I suppose - but this seems inevitable: https://twitter.com/kshahrooz/status/1358061240745144320

Something like this would work, and would only be valuable, if it included real reporting teams. Lots of focus is on the way repressive and illiberal climates restrict opinion writing - and of course it's done that - but first & foremost it's contaminated reporting.

It's true that new digital media outlets have failed to succeed financially, hence part of the reluctance. But the subscription model works, and there is a huge hunger for reporting, writing & content liberated from repressive chains. It will work journalistically & financially.