That's a total gloss-over.
Broadcast news started out as an FCC mandate for licensing purpose, and a differentiator where more quality made a difference in the performance of the network. As the number of channels increased and mandates decreased, they shifted to a more "entertainy" format to keep viewers.
This stuff is all available online. Look at the information density of a random broadcast in 1965, 1975, etc. Signal goes down, noise goes up.
> Broadcast news started out as an FCC mandate for licensing purpose, and a differentiator where more quality made a difference in the performance of the network.
Given the history of news, this is very doubtful, unless you define 'quality' as 'more entertaining'.
And people from a prior generation laughed at the idea of Peter Jennings being 'journalistic' and pinned their ideals on Brinkley and Huntley. Basically, this statement says nothing and means nothing, because it's just a generational marker, nothing more.