Satirical news (news satire) is a type of parody presented in a format typical of mainstream journalism, and called satire because of its content. News satire relies heavily on irony and deadpan humour.
Two slightly different types of news satire exist. One form uses satirical commentary and sketch comedy to comment on real-world news events, while the other presents wholly fictionalized news stories.
Satirical news differs from fake news (refer to the Fake news tab).
This video (4 min 4 sec) explains the differences between fake news and satirical news.