Maybe I have an outdated idealised view of journalism based on All The President’s Men and The Post but I thought the idea was research a story, check your facts, then write it up.
No you don't have an idealised or romantised idea of journalism.
It's just a slide in standards of journalism that has occurred with less revenue to be made from it coupled with more money to be made from opinions and commercial affiliations and commercially driven editorial lines.
This is also compounded with fewer people churning out content for an era of instant news which means that fact checking isn't done as people cut corners to get the story out first. And that's the priority; being the first not being accurate.
There is a market and demand for quality journalism but it's expensive and too many people simply don't care, preferring to read what matches their social media echo chamber rather than be challenged with reading something which might test the strength of belief in their world view. Until of course, something comes along that shafts them and they NEED proper journalism to hold power to account.
It's all the product of media revolution with 'fake news' being a stage in the development of the pressing press when it first appeared, which is being repeated due to the explosion of social media.
This is an example of the press trying to stay relevant and trying to pretend they have credibility when a journalist has royally fucked up, and it's glaringly obvious and people have noticed.
A thought for you: for every story you've seen like this which has been appalling in how it's been reported, how many stories have you read and believed, as you've not been party to the background and not been interested in checking it yourself?
This is a symptom of wider press issues rather than a conspiracy in its own right IMHO.
In the press the likes of the BBC and the newspapers had real pride in taking time to get a story right. Now it's just about keeping up with the competition, and speed is viewed as the thing that will ensure their survival.
Personally I think this is a real mistake, and it's merely eroding trust in the media which is the thing that makes its special and gave value.