This is definitely not, good news. In a profession where reporting is supposed to be objective, news organizations have lost the trust and credibility of viewers.
In a recent Gallup poll, 62% of Americans say the news media favors a political party. More believe the media favors Democrats over Republicans. And what's even worse? 55% of Americans say the media is often inaccurate.
This is some scary data that every news manager should work to change. Once you lose credibility, it's near impossible to get it back. It doesn't matter if the product is generating revenue, once the viewers turn away because it's BS, who will buy the spots?