It might be accurate, but that's not the priority.
Think about it: broadcasting information costs something. Nobody is going to pay that cost unless they're getting a return for it. Nobody is going out of their way to provide you with information out of the goodness of their heart. They're doing it so that you buy what they're selling (e.g. pharmaceuticals, gold) or vote for their party, etc.
A lot of times that information will be technically not wrong, but that's not the goal.