“Tell me what’s smart about the business model in which Brian Williams tells me what happened when I already know it”

Breaking news is rarely the province of traditional news outlets anymore:

What traditional media outlets can’t do anymore, said Mohyeldin, is cover breaking news. As an example, he offered the coverage of Steve Jobs’ death. The news broke on a Wednesday evening, after the nightly news programs had ended. Like most people, I found out because someone I was with looked at his phone. The information spread across social-media platforms within minutes; people even changed their Facebook profile photos to an image of a sad-faced computer. And yet, Mohyeldin pointed out, the next evening, every nightly news program led with the story even though it was a day old. “They talked about his 2005 Stanford address as if they had discovered it, when really it had been reposted all over Facebook,” he said. “Tell me what’s smart about the business model in which Brian Williams tells me what happened when I already know it.”

Well, can someone please explain?