Maybe, maybe not. Tim Graham might be a guy they would want. Your second sentence doesn't make a lot of sense. Maybe intelligent people want to read intelligently written pieces? Not sure why people who want to read quality pieces would be disparaged.
If I hired a professionally trained journalist and paid them a living wage, then yes. However, that is not going to happen.
They have to hit that sweet spot that collects the most subscriptions with the least amount of overhead. Once you build a beast, you have to feed a beast. Best to stay lean. 20,000k subscribers paying $5 month is $1.2M a year in one city with a few writers is a lot of money as long as you aren't paying a full support staff.