Yes, news is competitive, but there's not much that can be done about it. After all, they are merely trying to fulfill a demand that the populace wants. We consistently blame the media for doing it, but we are the ones with the actual problem.
Investigative journalism still exists, and you see it in the pieces. You saw it with the NY Times article on Roy Moore, and the Washington Post piece on Charlie Rose. They took their time, and spoke with many people. If people really wanted these things, then they would turn away from random internet sites, turn off cable news, and watch 60 minutes, and subscribe to the NY Times, listen to NPR, and the BBC.