The main reason is that there is a glut of free news, or quasi free (ad sponsored).
Also, some people get nonfree news as part of some streaming package. They are not paying for news per se, but it's there and they consume it from time to time, even if not avidly.
You can consume free news via the radio also (which people mainly do in their car these days, I suspect). During the heyday of television, people consumed free news via broadcast TV which you could catch with an antenna. A few people probably still do.
There has hardly ever been a need to pay for news since the dawn of the radio era.
Also, some people get nonfree news as part of some streaming package. They are not paying for news per se, but it's there and they consume it from time to time, even if not avidly.
You can consume free news via the radio also (which people mainly do in their car these days, I suspect). During the heyday of television, people consumed free news via broadcast TV which you could catch with an antenna. A few people probably still do.
There has hardly ever been a need to pay for news since the dawn of the radio era.