There's the same amount of news as there was 50 years ago. What has changed is "we the viewers". We can't get enough. We want more, in every possible flavor and form, both raw and refined. It's like sugar to a diabetic, we can't metabolize what we're getting now but we still crave more.
Being retired at first allowed me the time to consume more of this. It was a great feeling at the time, I still remember staring at the tv screen (CNBC or CNN) while on the treadmill.
This bad habit was not that hard to break, I now filter my sources more carefully and limit my daily consumption. This is much easier to do in retirement. I don't need a w*rk related news flow and have plenty of time to find the sources that best suit my needs.
Another of the many advantages of early retirement.