Exactly. I go to cnn.com and wonder, "where's all the content?"
I think dearth of content, and overuse of blank space has a lot to do with responsive web design run amok.
You can have great tailored desktop, and mobile experience without pandering to RWD.
My favorite example is Sankei.
Desktop
http://www.sankei.com/
Mobile
http://www.sankei.com/smp/
There's no weird 6 different media query breakpoints. (like Smashing Magazine site). It has one fixed width layout for desktop, chalk full of descriptive text links, and just the right amount of photos.
Their mobile site is wonderful. Images are all lazy loaded.
And you know what the best part is?
Do "View Source" in either version. Look how clean and flat their markups are even with ad affiliate javascript code. There's more content than markups.
Reuters and nytimes are decent, because they have a lot of text content on home page. But do "View Source" and their lack of code discipline and brevity shows compared to sankei. There's far more html code than actual content.