"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."
News satire uses humor to underscore an opinion or point about an issue or event. Parody generally uses humor for humor's sake.
Satire and parody news sites are meant to be funny and to entertain but some fake news websites very intentionally in try to mislead gullible readers. Check your facts!