So what makes the news? I would anticipate, on a magical world, there being some kind of dragon and other monsters alert so people would know when to take cover. The travel bulletins would have to cover those walking, running, using wheeled transport and flying (directly or by broomstick etc). This could take some time!
Headlines would be for successful restaging of the classic tales and would warn of alien visitations to that world. What does your main character think is the main news item and why? Do they prefer the lighthearted stories or is their interest in the news professional and they watch the more serious programmes? How much control do news editors have over their material? Is there a government checking "service" so that everything that goes out live on air is deemed fit to broadcast by officials?
Does your fictional world find out about what is going on in neighbouring worlds? How does it do so? Or does it totally ignore anything but its own news?