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This is extremely tricky to handle as, you obviously don't want to curb anyone's free speech rights, but I think it's also been proven that the current anarchic system that we have is harming both the public and honest journalists alike. Having thought about this a bit, my proposal would be to institute a certain hour of each day where news sites/stations can broadcast news. Once that hour is up, they can't release any more news stories unless it's an emergency or something otherwise incredibly time-sensitive.
I think that not only would this obviously shut down the bullshit 24/7 news cycle, it would also take pressure off of journalists to get a story out as soon as possible. There's generally no longer a need to have to make a decision between accuracy and speed. Of course, this isn't going to eliminate every terrible news story out there, nor is it going to completely eliminate the pressure to get a story out, but it should at least curb it down to a much more manageable level.
I think that not only would this obviously shut down the bullshit 24/7 news cycle, it would also take pressure off of journalists to get a story out as soon as possible. There's generally no longer a need to have to make a decision between accuracy and speed. Of course, this isn't going to eliminate every terrible news story out there, nor is it going to completely eliminate the pressure to get a story out, but it should at least curb it down to a much more manageable level.