You can stop pretending that the contents of the news-show has any relation to reality.

IMO, the entire problem comes from this one lie. But you see... a lot of people wants this propaganda machine.

Also, nowadays you can stream deep journalism that people can adjust to their time availability. We usually call those "documentaries". Most of the stuff that carries that name is psychotic garbage too, but informative ones do exist.

How does the relation of news shows content to ‘reality’ matter?

Even if the announcers were reading complex fan fiction stories they would still need to break it up into tiny chunks.