We had a period where the FCC only offered a limited amount of airspace so News Orgs has certain obligations to keep the public at large informed. This required a more diverse set of perspectives and I really do believe these perspectives helped keep each other in check. However with these obligations gone, and the collapse of the integrity fostered during this period, legacy Journalists have grown into smug elitest who, drunk over the reputation they gained while they had this integrity, now think of the public as a group to be guided rather than informed.
Looking forward I believe the proper solution to all this will emerge naturally as legacy media's decline continues to glide downwards. Personally speaking I simply get my news from the front page of Wikipedia, maybe more options like this will come about as the priorities of society at large continues to evolve as it gets comfortable with the internet? I don't think we will get anywhere though so long as "unbiased" is treated as a taboo word, something I believe legacy media has grandly succeeded in spinning the public on in recent years, atleast in my eyes...