Unlikely. One of us has spent a large chunk of their professional career working in and around newsrooms.
With millions of events happening each and every day the simple act of choice is incredibly meaningful.
Your own belief in the objectivity of modern newsrooms proves my point.
Clearly both Al-Jazeera and Fox News do fact checking... yet one would be left with a very different view of the world depending on who did the reporting.
If anything it is the one place where getting the objectivity wrong has no consequences. In a typical company if you are getting the truth about something wrong (e.g. what people want, what people are willing to pay, where the market will move to) the lack of profit margins will refute the correctness.
In a newsroom however objective truth is a hygiene issue like a cook washing his hands. They should. But if they don't it has very few consequences.
FWIW, I've been that primary source for some major news stories, and the final story usually bears just a passing resemblance to reality as I experienced it. Assuming good faith on the part of the reporter, I have to assume that reality as I experienced it bears only a passing resemblance to reality as other primary sources experience it, which is congruent with other known facts like the difficulty of communication, the existence of cognitive biases, and the field of psychology. Objectivity is a myth; it's oftentimes a useful myth, but it's worth remembering that the reporter has his own biases and preconceptions as well, and as the person choosing what to report upon, these will necessarily make it into the final piece. The audience has their own biases as well, so they won't be reading exactly the same piece that the reporter wrote.