Passage Summary: Just because most reporters are liberal doesn't mean the news is biased; news companies want to make money, and to do that, they have to stay neutral to keep as many customers as possible.

Conclusion: The common belief that current journalism has a liberal bias is incorrect.

Reasoning: Media outlets are profit-driven businesses that must remain impartial to attract the widest possible audience and maximize advertising revenue, regardless of the personal politics of individual journalists.

Analysis: The conclusion is signaled by the phrase 'This is not the case, however,' which directly rebuts the popular opinion mentioned in the first sentence. The rest of the passage explains the market forces that supposedly prevent individual bias from infecting the final product. When identifying the conclusion in a rebuttal, always look for the statement that negates the opponent's position.