Corporate media, being owned by corporations, needs to maximize shareholder wealth. That means news is a loss leader.
News is about generating sensationalism, excitement or hysteria.
News is about generating ratings to charge more for advertising to maximize shareholder wealth.
Thus, when the CBC characteristically doesn’t sensationalize something, it’s noted around the world.
CBC is owned by us, WE are the shareholders. WE maximize wealth by having high quality, respectful journalism that enhances dignity. Not like the Jerry Springer that corporate media has become.
So, read this, especially the last line:
Mansbridge, in sharp contrast to the frenetic, breathless delivery we’ve come to expect from American news anchors in times of breaking news (including stories of far less significance than the attacks in Canada), was thoughtful, took his time, and seemed at times to pause, and to consider his words before speaking. Just. Imagine. That. Around 1:30 ET, three-and-a-half hours into his coverage, Mansbridge paused to update viewers. “What do we know with certainty right now?” There was no place for exaggeration, rumor, or mistakes. It was like watching grown-up news. And suddenly, seeing it, I was struck by how often we don’t see it here in the U.S. It’s been a long time since American anchors like Frank Reynolds said “let’s nail it down…let’s get it right.”
Even if it means letting someone else report it first.