So, does this ban all news related to politicians?

Newspapers and television programs sell time and space via advertisements, and there is more in the world than could conceivably fit.

Therefore, every inclusion is an editorial decision. Any positive or negative opinion, any review of a biography or book about a politician, every interview is now a contribution in kind- after all, the time and space have value, which are included in this law as "anything of value".

Basically, this is literally what the Citizens United decision boiled down to- a blatant infringement on free speech. People HATE citizens United because it lets companies donate money, but this is the flip side to the equation.