It's hard enough to save money as it is.
News websites blow my mind with this - if I forked over $5 to every news outlet I occasionally like to read, I'd be spending at least $500 maybe more per year JUST to get access to some random person's biased recant of what's happening in the world. If there were a news source that did the opposite of this, and basically provided a bullet list of objective, non-biased events boiled down to exactly what I need to know, that might be something I'd pay for. Hell, it would save you time over filtering the opinionated BS out.
Consider for example the current riots going on in the US. How do you objectively report on that? With bias, on one side you have "peaceful protest disrupted and escalated by the police", on the other side you have "police intervening in riots to maintain order and protect property". There's not really inbetween.
Done.
Much as we'd all love an "unbiased" news source, the reality is that bias is a very hard problem to solve well.
If one side is lying, objective reporting would tell you which side it was.
Also there are news wire services that do mostly what you're describing. If you just want to be entertained (most people read news for entertainment), then they don't really care about the facts. They want to hear about so and so blasting so and so or whatever. But if you're trying to make money from information (traders, journalists, etc), then you really don't want to be reading the kind of stuff the New York Times is publishing.
Just a subscription to The Information is $399/yr. Add a subscription to the Times, and you've already blown past your $500 budget.
If you get your news like most people, via link aggregators like HN, Reddit Facebook, Twitter then you get linked to dozens of publications that all want a $5/mo. commitment which is untenable.
But... in their news app, there's always a couple of interesting articles I might want to read, but I'm not signing up. They have my info, and a Touch ID device I'm holding tied to my payment info. "Read this article for 50c?" I'd certainly give some a read now and then.
I have been subscribing valuable information sources since 1995, so I do get the point.
The perpetual spam is worse for me than the $5.