Quote from Maverick74:
It was called news because when Ted Turner started CNN back in the 80's and cable took off, Turner was actually challenging the status quo of the evening network news programs. He could it because he had no competition. Once cable expanded and NBC got in the game, it became competitive. Once FOX news started in 1995, each network could no longer just report the news, they had to be unique, they had to stand out. As the channel box grew from 50 channels to 500, the competition for eyeballs became intense. The media companies learned that what was actually profitable was not reporting boring news stories, but more entertainment/tabloid style news.
There has been a major transformation in the media business as these media business were losing money hand over fist. In my mind the only credible news program still around and one I have watched almost every week for 25 years is "60 minutes".
Indeed. However, news (to me) implies facts and as we've seen, news organs are perfectly within their legal rights to lie to us. Left, right, center, doesn't really enter into it. Part of me feels their should be a visible disclaimer whenever we enter the realm of punditry but I am not naive enough to think that would actually happen.
