For years people have complained that network news and the major news networks have become less about news and more about entertainment. A fad? All about the money? No. It is an emerging phenomenon of considerable significance to human development (both in general terms and in the specific terms of Hegel's Aesthetics, which I happen to believe is the most prescient of his works).
The conclusive proof for me is that the best political journalism on TV today is The Daily Show. No doubt about it. Doubt it? See Jon Stewart's handling of the coverage of the Virginia Tech shootings.
That is art.