My theory is that profit destroys many news channels from the inside out. The channel start with the best intentions of conveying legitimate unbiased news to i

My theory is that profit destroys many news channels from the inside out. The channel start with the best intentions of conveying legitimate unbiased news to inquisitive educated audiences... but eventually the supply of news seekers gets depleted, while investors and advertisers demand more. The channel is "forced" to keep expanding so they start catering to people that don't seek out news... steadily devolving into click-bait infotainment articles. Low-brow content alienates the original news seekers, and they leave for cleaner sources of information... but by now the channel's legitimate reputation is lost. They must double down on the infotainment market to keep turning a profit. Eventually that gets saturated too, so the channel abandons their original (expensive) legitimate news reporting and continue chasing low-brow audiences, competing against all the other devolved spam-news sites. If their name held enough trust, they might chase profitable corporate/political puff-pieces ("fake news" aka lies). It feels like an awful game-theory scenario.