EXCERPT:
STELTER: “All right, that's enough. You get it. The lead story was Hunter Biden, Joe Biden's son. The lead, of course, means they think the most important story was Hunter Biden. They led every hour with it more times than not. Now, some Fox show is probably going to use this segment to chastise me, so let me be crystal clear. The news of the Federal probe into Hunter Biden's tax affairs is obviously important. It's important, which is why CNN's Evan Perez and Pamela Brown were chasing the news for weeks. And when they were almost ready to report it, and they went to the Biden team for comment, the Biden transition team tried to front-run CNN by issuing a statement confirming the probe, which is not cool on the part of the Biden team. So, yes, the investigation is important. We've been chasing it but so is proportionality or what journalists call old-fashioned news judgment. What is the single most important story? What should be the lead? Well, those decisions are being made every hour every day. But the Internet has blown up proportionality. On your Facebook feed, everything is the same size. A New York Times expose that cost millions of dollars to produce really hard work, it looks exactly the same size as a picture of my kids at the park. And look, they're really cute. I'm going to frame that picture. I love that picture, but it's not inherently -- it's not nearly as newsworthy, right? I mean, let me show you another one of my Instagrams. There's a reason why you wouldn't trust Elmo to decide what's news. But the Internet has blown all of this up. You know, editors and producers think hard about newsworthiness. They figure out the right proportions. And sometimes they are wrong and sometimes they get it -- they get it screwed up, and criticism helps them straighten it out. But we need more constructive criticism and less destructive criticism. Proportionality is the whole ballgame. Proportionality is what it's all about.”