Back then your attention was valuable enough that presenting news to you was an honor. Obviously some money was made on the side by embedding sponsored messages, but the core content was for the listener/viewer's benefit. Now, cheap content hogs all attention and there is no profit in presenting the facts plainly. There is still honor, however, and honorable news organizations still exist due to mostly volunteers. Personally, I very much enjoy wikipedia's recent events section. The citations are particularly useful.