In fact, the same declining quality (though not with the same specifics of course) is the case in every industry where they're fighting for increasingly thinner profit margins.
It was the same back in the day (as far back as Mark Twain, Hearst/"Kane" and the first newspapers), where it was all about political and magnate influence to please some sponsor or another, and cheap writing to get people to buy papers.
If journalism had a veneer that it wasn't about the bottom line, that was when money were plenty, because there was a brief (not that innocent, but much better than before and after) period, say between 1940 and 2000), when:
(a) consumer spending got big
(b) advertising budgets grew
(c) while still having no "per page view" metric available,
(d) and before the race-to-the-bottom of the online era, as there weren't hundreds of thousands of competing news sources plus every amateur with a website plus social media plus 24/7 tv
that gave print journalists the luxury of working independently and with more prestige.