They never really were. The Bircher types have always whined that the corporate media is "the liberal media". This was and is complete nonsense, of course. Of course, to compensate for this constant whining, they have internalized this silliness and constantly steer into goofy practices like being "objective" and giving equal times to "both sides" - this only enables the pathological lying that is the norm for the right.
They analyzed how it would affect their numbers and determined it would turn off too many MAGA viewers and not attract enough other viewers to make up the difference. News for profit was always a bad idea.
It was a dream. But a good one. Until we manage to go full communism someone will have to make something for their time and effort in order to live. But if we broke up most of the media. And put strict regulation against publicly owned companies owning or trying to pass themselves as anything relating to news. It would be a good start. Stuff being privately owned does not automatically make it more factual. But at least an owner might have a reputation that they could value. When it comes to publicly owned companies. Where the bottom line is profit. Truth and factuality are the first things sacrificed.
I think I understand your point, but if news isn't for profit, who would pay the reporters? I used to write for a newspaper and it's pretty hard work.
It can't be state sponsored, due to the conflict of interest. If the state pays for the media you couldn't trust the media to accurately report on the state.
Honestly, in good faith, wondering what the other options would be.
It's pretty awful to see that there's basically nobody in mainstream media willing to stand up for immigrants given the vicious hate Trump and Vance are spewing at them. In past times Edward R. Murrow would end both of their careers. But now you just have some corporate talking head saying "we looked into the former president's claims and found no evidence that is true" when talking about lies that Trump/Vance picked up from actual neo nazis.