No, it's not. I actually used to write for a newspaper before. These days, they are shoestring operations locked in a constant battle for financial survival. The stories are written by real people who get paid (very little) real money. Take that out of the equation and the news goes away. I deeply value journalism and want it to survive. The level of entitlement evinced by you, gp, and many others on this site as regards the whole "information wants to be free" meme is simply stunning. Like, you really haven't given a moment's thought to what "free" implies here.
While I do agree with some concerns about quality journalism, and I want it to survive, I find the specific argument you used to be disingenuous. We're dealing with perfectly and infinitely reproducible 'product'. Any scarcity here is artificially imposed. It's not like with groceries, where we have finite amount of goods, that can only be consumed once.
I know, that reality of dealing with non-scarce goods doesn't gel very well with free-market capitalism, but I think limiting access to journalism (and IP laws such as copyrights and patents) is a net negative for our society, so we shouldn't resort to bending our only post-scarcity type of good into a scarcity driven economic system.
It's the most disingenuous argument against free media (or piracy etc) that's being thrown around.