New is another realm that has fallen to capitalistic corruption.
When things become about money/profit, ethics, honesty, and morality all go out the window.
I know that with my local news, if the story might harm local politicians, police, judges/prosecutors, local business, it will only be reported if it is too big to hide. I don't know if that is money so much as it is social/business connections. This is not a large town and most of those people know each other, know someone who does, and/or have family ties.
Back in the day, when his school contemporaries were the local mucky mucks, my Dad could get minor tickets "fixed" with just a phone call.