How can we do ‘news’ in a capitalist society?

If the news is presented by a corporation(CNN, Fox, MSNBC) then it’ll want to make money off of it’s product or the owners will control the messaging (or both). To maximize profits they want the biggest viewing audience possible at all times. To get the biggest audience the best way is to run stories that scare, or anger or at least ENTERTAINS the audience. Keeping the public actually informed seems a very distant concern, if it’s a concern at all. If you doubt that just look at ANY of the 24 hour news shows. What are they showing almost all the time? Do you really consider what they’re presenting to be informative?

If the news is presented by a governmental group(PBS, BBC), then it’ll be beholden to that government. They won’t do the fundamental requirement of a news agency to question government and it’s officials. The only way I see this NOT happening, is if the government gives a guaranteed amount of money to the news agency that CANNOT be withheld or adjusted by the government, but I just don’t think our congress would EVER agree to such a thing. (I think the BBC is supported by a ‘TV Tax’, but I’m not really familiar with their situation.) Even then you’d still have the very real concern of collusion.

So here we are. Looking at the 24 hour news offerings I see a product that is simply BAD. Bad for the health (physically, mentally AND politically) of it’s consumers, and bad at actually keeping the populace informed. ¬†We’re being divided up and destroyed piecemeal by groups of the super-wealthy that control the corporations that present us ‘news’. Is there a way out? Is there a solution to this problem?