What happened was that the newspaper/media industry was gutted when social media became popular. Most people, especially under 40, are unwilling to pay for news that they can just get from a Tweet.

Because of this, they can't pay to send a journalist overseas anymore. Most news has become conjecture, rumors, and anything that can be done in the comfort of a nice office.

Nearly all large, independent news organizations (Breitbart, Huffpo) were started by wealthy individuals with a political axe to grind. The rest have been grandfathered in from before the days of social media (CNN/Foxnews) and can survive based on pure momentum.

We need real journalism again.