I've never thought it was about money. But I am sure that modern media is about power and the ability to influence people to one's point of view. This is why yo

I've never thought it was about money. But I am sure that modern media is about power and the ability to influence people to one's point of view. This is why you see Bezos, Musk, Soros, Iger and Murdoch investing. This is why you see people willing to go into the media despite the ability to be significantly better compensated in other fields. The demand that the media be generally truthful has disappeared since the abolition of the fairness doctrine. This is a reflection of the growing cultural battle not between left and right but rather between authoritarianism and Liberalism (big L liberalism). If you control what speech is amplified, you don't need to control what speech is uttered in the first place. China, in particular, has learned this lesson well. Meanwhile, the lessons that western culture has learned from WWI and WWII about the dangers of no separation of government and media is resulting in Millennials and gen-z being willing further to expand the role of the government in media.