That's over 100 years ago. We can stop pretending that the media has ever been some selfless arbiter of truth and protector of the downtrodden. There is nothing to replace it in that role because it was never in that role. It has always been a tool for one group of powerful people to spar with other groups of powerful people and the truth rarely enters into it.
Maybe in another 100 years historians will figure out what the truth was, but for us today, the truth is whatever gets the most clicks. 20 years ago it was whatever got the most people at home to tune in. 50 years ago it was whatever sold the most newspapers.
The saving grace is that for the vast majority of people it just doesn't matter. Whoever the President is, you'll still have to go to work, pay the bills, buy groceries etc. Not much about your day to day life will change.