Fiction is easier to differentiate than the news.

The exact form of a piece of fiction is the end in and of itself.

News is a means: fact conveyance.

Fact discovery, especially in time sensitive contexts, is expensive and also hard to defend other outlets just reposting the same facts you discovered.

Stratechery has long talked about the Smiling Curve in media: as distribution friction declines, the hyper-niches and the hyper-schelling points thrive, and everything in between withers.