I agree with
@clifp . The money-making aspect of financial media occurs when articles and videos get more views, along with the ads that support them. In the financial media particularly, they seem to pick a "theme of the day" and get more views than they would by posting conflicting points of view.
The more interesting question is why are more people drawn to sensational reporting (once known as "yellow journalism") with one-sided perspectives, strongly-stated opinions, and extreme language rather than articles featuring complexity, multiple factual sources, and nuance?
If you think in the former way, it will lead to ruin in a wide range of life activities, including investing. If you think in the latter way, you'll make much smarter choices. We know that's true, just as we know long-term buy-and-hold will almost always outperform doing what the news says you should do. Most adults over 30 have experienced the truth of that. Yet on the internet we often seek out sensationalism, as if that behavior in itself doesn't harm our decision-making capability.