Very true, when news became about entertainment and making money it lost something.
In Canada there are 3 maybe 4 major media conglomerates and they all engage in similar practices when it comes to reporting the news. The paper I work for spins the stories to suit their ideology and agenda, granted its an independent weekly so I am not that surprised.
Never assume that you are ever getting the full story. Never assume there are no value statements in your sitcoms. Never assume you are too smart to be fooled by advertising.
I learned all that working for print media for the past 20 years. It quickly kills the illusion of the level of accuracy most news organizations try and project. Seeing the raw material vs what eventually gets published is very eye-opening, and very quickly changes your view of news.
Of course compartmentalizing and selling the news is all that really seems to want to be done these days. Syndication is where the big news dollars are and it is all about sound bites and news nuggets.