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I just watched a very interesting video on youtube (and no, it didn't involve unicorns):
The video talks about the Florida reporters who were fired for refusing to lie for Fox News. The courts upheld that Fox was not required to tell the truth.
I'm torn by this. I tend to think (outside of libel/slander), that a person can say what they want. Maybe this ruling can be a wake up call to the public to start questioning what they see from the media.
For all it's cheesiness, Running Man did have some very interesting scenes. When the broadcasters were "photoshopping" events to twist them to match what they wanted to show, it now seems more prophetic than I could have imagined. For fun - try googling for reuters photoshop.