The opposite of this seems to be cable news that will take a miniscule event and attempt to inject a dramatic story upon it until something else actually happens.

Most stories are very simple things, like the celebrity having a baby. Most of the coverage around it is just adding some additional context. This is fine for things that aren’t very complicated like celebrity gossip, games, and sporting events that don’t matter too much. However on more complex things like government and international relations or perhaps even ramifications of business moves, they can be far more complicated and require more thought and analysis than the casual observer of a singly released raw fact would require. For example, in the case of Trump, his tweets may provide one narrative to those blindly following him, but in aggregate, particularly when most of them are not true or highly biased, what story do they embody? Which direction is he really going in and what are those long term consequences that the casual observer of his tweets is not going to spend the time thinking about?