Lots of people consider the news industry cynical and committed to pandering to the lowest common intellectual denominator. But few have noticed the curious irony that lies at the very core of the news paradigm. This irony may offer a better explanation of why the news is the way it is than any speculations about the ethics and motives of the news producers.
The curious irony is that, in this so-called Third-Wave age of information, as futurist Alvin Toffler named it, the commercial news process is actually imprisoned in a Second-Wave model, i.e. an industrial model of news production.