That is correct and necessary. Without any brake the newspapers have degenerated into battering rams shaping and controlling the news and destroying lives with false reporting. The press are stealing freedom of choice from the American People by eliminating the sources of accurate information.
With every Freedom comes Responsibility. The press were given a higher level of freedom because it important that the American people get the facts and they have refused all of the responsibility for accuracy & objectivity. Britain manages to retain freedom of speech in the press while making them responsible for accuracy. America can do the same.
You said...
“Britain manages to retain freedom of speech in the press while making them responsible for accuracy. America can do the same.”
The same Britain that punishes people for “hate” speech like speaking out against Islam or Homosexuality???
No thanks