Not good. Reporting should be held to some standard. At minimum, knowingly lying about important topics while claiming to be a serious news organization needs to be a serious crime.

For instance, RT claims to be a news source, but knowingly lies about atrocities committed by the Russian government.

Most people don't have the resources (time, knowledge, smarts) to see what is not true by themselves.

Alternative viewpoints need to be shown for actually controversial topics, of course.