This is especially the case when a proto-strongman is attempting to consolidate power.
Publicly funded journalism cannot be the only way it works.
(I say this as a left-learning person generally supportive of public funding).
(Also, "entertainment" vs "an essential service" is a false dichotomy)
What you want is control over what other people think.
corporate funded news can investigate the government, and government funded news can investigate corporations.
Those aren't "services", so there's that.
In many countries, however, power companies, the water company, central banks, rails, the hospital system, universities, etc, are, or were before the neoliberal attack, public.
I have no idea why people think the answer to fixing a shitty government is handing more money over to them and hoping they'll do the appropriate thing with it when they prove the opposite time and time again.
If "journalism" is entertainment, but nobody wants to pay for it, then it has no use and we should let it die.
If it's an important resource required by our society, (so that we are not ignorant of whats going on in our neighborhood and world), then it's not entertainment, it's an essential service, and it should be publicly funded like our other essential services.
As we transition to publicly funded "news" (things that happened) we can examine the various formats, and design them to to be easy to query and verify.