Am I picking on cable as a whole, suggesting it was always a profit-driven entity that runs counter to level-headed news reporting? I guess I am.
And I'll defend the "big three" networks that existed before cable because news was only a small portion of their broadcast schedule. I don't think the networks objected to Walter Cronkite (etc.) being the loss-leading face to represent their corporate integrity.
For years, if something important happened in the middle of the day, CNN was kind of it, in terms of finding out what was going on quickly. If it was REALLY big, the networks might break into their daytime programming, but that was a very high bar.
More high brow and not something you would really watch for an hour straight.
The old CNN was meant to be as "entertaining" as the Weather Channel.