I'm a subscriber to the independent Australia media service Crikey. It costs me more than $100 a year so why do I do it? Pretty much all the reasons you've listed.
Dozens and dozens of articles everyday on politics, media, culture, lifestyle, the environment and sport. Some really good quality journalism, often by ex-mainstream media journalists and opinion pieces from well known individuals. A lot of the time they break stories as well, which the papers then play catch up with the next day.
Convenient access! I'll say. All the stories emailed to your inbox (on your computer or phone) as a digest every day and links to the stories progressively twittered as they are published.
When I signed up I got a free t-shirt designed by the resident cartoonist. Lots of merch available as well.
I feel absolutely no sympathy for the Murdoch press or anyone else in the old model of media. This is the way the new media should be run. It's great.