I've been critical in this space of much programming that's on TV these days. That includes news coverage, which too often is shallow and sensational -- ratings-driven so it sometimes resembles entertainment more than news.
PBS, with public stations, led the networks in honors with four awards for reports done by "Frontline" (WGBH Boston), "Nova," "Independent Lens," and "Nature: Silence of the Bees" (WNET New York). CBS scored with "CBS Sunday Morning" and "60 Minutes." A report by Christiane Amanpour about religious wars won a Peabody for CNN, and ABC won a Peabody for Bob Woodruff's report on "The Wounds of War."
Local stations in Dallas, Phoenix, Pittsburgh and Roanoke, Va. also won top honors.
Trade journal Television Week has a good report on The Peabody's, with descriptions of each of the award winners.
So there is good journalism on TV after all. You just have to look for it.