Sadly, Jazz is right, according to
Media Awareness.
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Media outlets have to cater to their audiences, and they compete with one another to provide what they think their "customers" want. This can certainly mean honest and factual news reporting. But it can also mean shorter, more exciting stories; flashy, sexy, or shocking images; crime, death, disaster, tragedy; confrontation, violence, controversy; or anything else that might attract viewers or readers. When taken to extremes (as in the "tabloid" newspapers or television shows), "news" can become just another type of sensational entertainment.
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The news was the trusted source and journalists were praised for bringing real information and truth to the people. Maybe the question should be this: How has the availability of information from multiple sources changed the face of the media?