I'm a pro-market person. However, these are the problems I see, and similar ones are what led us to government fund so much of education.

Independent "purely get to the truth" journalism, that people access, is a bedrock of a well functioning society. It's another form of an educated populace. I think what we're seeing right now is that a smaller and smaller upper middle class people are able to read a variety of sources to stay well informed, while most will now never pay or read informed articles. We all vote, so we should want everyone to have easy access to good sources. Instead, now most people purely consume low quality clickbait "for the ad revenue" drivel, and I see that is a contributor to society's poor understanding of the world around them in general.

So, I see government paying to make quality journalism accessible the same way I see education. We know that removing K-12 public school and state universities would be an unmitigated disaster in many of peoples' abilities to think, though they will still vote.