There is NO license to operate a newspaper. They are not Federally regulated. It’s a business…. supported by advertisers… (Which can lead to it’s own form of corruption.)
Only broadcast stations, Radio & TV, are Federally ‘licensed’… and deregulation has scrapped a lot of the old ‘fairness doctrine’ and ‘public interest’ rules. It’s a business supported by advertisers also. Yellow journalism reigns for the almighty dollar.