With the consolidation of so many news outlets under these few umbrellas, the duty to serve the people by informing them has taken a back-seat to profit. Investors don’t care about product, just profit. Corporations exist to make a profit, not something that’s necessarily good. So when these huge corporations own most of the news outlets, quality suffers in the pursuit of profit. News has devolved into info-tainment. You’re more likely to get the latest celebrity news on the front page of your local paper than to be told what bill your congressman just introduced that will hurt your community.