I agree the purpose has always been propaganda but Fox has used its news arm to launder their propaganda through a more credible source. (the play is basically that an opinion host generates controversy and the news arm reports on the controversy without explicitly endorsing it) This is why people like Chris Wallace and Shep Smith were recruited, because they are genuine, serious journalists. It's why Fox News' polling division is a perfectly respectable organization.Not News. After St Ronni scrapped fairness, Rupie The Aussie created FAUX Snooze to further a right wing angle to counter CNN and MSNBC and capitalize on Lush's attacks on Bubba. The entire purpose of it was to be biased.
"The channel was created by Australian-American media mogul Rupert Murdoch to appeal to a conservative audience, hiring former Republican media consultant and CNBC executive Roger Ailes as its founding CEO.[9][10] It launched on October 7, 1996,"
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Fox News - Wikipedia
en.wikipedia.org
To maintain that credibility requires accepting objective reality though, and since Trump the GOP has increasingly rejected reality so now a choice has to be made because the Trumpkins are now demanding outright rejection of reality instead of just slanting it.