"Entertainment as News" fits a lot of what people consume.
News Business contains overlapping elements of Show Business. Production, post-production, dramatization, acting, advertising, storytelling, actors, agents, a whole lot of money, etc. Both are sometimes owned by the same networks and parent corporations too. There's a difference between "news as a business" and just "news".
If a news business were to broadcast plaintext news with only raw pictures, videos, and audio, and bare-minimum graphics to the masses, then their broadcast would be super boring to the layperson and not grab people's attention the same way explosions, special effects, and hypothetical opinions would. As the saying goes, "it's just business". (Imagine a content comparison of 'weather.gov' vs. 'The Weather Channel' for context).
Entertainment is the sauce businesses add on top of the pasta that is the news to make their product more appealing to consumers.
Now, politics is the most popular flavor addition to news (and has been for the last few years). News Businesses have self-politicized their news products because that is the "entertainment" trend of news that is a hot seller. This is more than just "news" - it's finding ways to innovate facts and opinions to sell a particular "product" to a particular demographic.
Whether it's the government or a corporation, someone in a suit sitting in an armchair at the top is going to favor pushing the version that benefits themselves the most. Don't just hate or like sources blindly because they say "we are the good guys!"[1]
[1] "Are we the baddies?": https://www.youtube.com/watch?v=hn1VxaMEjRU