Here are two good breakdowns of the problems/limits of modern mainstream news.
https://www.natesilver.net/p/journalism-needs-more-taylor-sw...
https://twitter.com/jburnmurdoch/status/1714648538746118265
Americans wisely agree, trust in media is very low https://news.gallup.com/poll/403166/americans-trust-media-re....
It's worth pointing out that mass media has had a brief lifespan, about from the 1920s. And the "golden age" when everyone was following it was really only 1950 to 2000.
It's fine if it declines, and even if it disappears.
Canada's accidental banning of links to news is a good model, we should do it in the US. Let's tax any links to news sites from major web platforms.