To be honest, in Italy this issue was solved during ww-2 time, a bunch of commercial newspapers from far-left to right (we couldn't have far-right back then, of course :D, we still can't but people has forgot and so we have now, but they can't really read and write), created a cooperative called ANSA (
https://www.ansa.it), that is no opionion, no controlling point of view, just facts as they happen (
https://en.wikipedia.org/wiki/Agenzia_Nazionale_Stampa_Assoc...)
If you force Fox, CNBC, CNN to create an agency of news reporting where each one oversee the content created, in order to be as objective as possible, then I think the society in US would benefit
In Italy those newspapers do money by selling copies containing the premium content, which is like reports, opinion articles, more in depth opinion articles etc, which people is still interested in, but for news and facts then ANSA is the source of truth