Step 1) Return to the Fairness Doctrine , which originally was instituted in 1947, and repealed in 1988 by the FCC under Ronald Reagan.
Step 2) Break up the News stations.. and make a maximum number of stations that any one company can hold.
Step 3) If a station or program calls itself 'News', it has to report News factually , without snide remarks and heaps of opinion. .. It has to tell the truth. If it violates those conditions, it can't call itself News.
Step 4) Regulate the KIND of language being used. Often, you will see yellow journalism use such words as 'perps, or 'slime' or other adjectives to bash someone. Get away from emotionally charged langauage with very little semantic value except to poison the well, and, well, be factual. People can make up their own minds. Oh gosh , that would eliminate Beck, and Olberman, and Limbaugh...