It is currently a broken system. I don't think there has ever been a time in which trust in news sources has been lower that it is right now, and this is having all sorts of negative impacts in society. One of the problems is that news outlets don't have the right incentives; back in the time of printed paper you would spend your dollar on what you would consider a "trusted" news source, nowadays much of "news" is clickbait. The majority of what I see in online news aggregators today, would have been considered unacceptably low quality back when I was still in the field of journalism (2005-ish)