Mainstream news media are supposed to provide a vital public service for democracy. Particularly newspapers since they have all those words. They are supposed to provide we the people with the accurate and relevant facts and analysis about the world that we can use to come to informed decisions about climate change, health-care, foreign military adventures, etc. They also play a directly political role in successful democracy by making the operation of political power transparent and accountable.
So, we are told, it's terribly important that states find some way to protect our newspapers from the current cruel winds of technology driven changes in their business environments. But when you take a look at most news media, including national and local newspapers, one frankly is not overwhelmed by the evidence of either a commitment to public service or the reporting breadth, depth, judgement and integrity that this role would seem to require. The news is just a business, not a sacred mission, and an enormous proportion of what gets published is best described as bullshit news. This can take various forms, but what it has in common is the short-termist private interests of journalists and media companies over and against the public interest.