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There's a lot of good independent media looking at this. Some good sources:

When the media wasn’t really a money printing machine for billionaires, this also wasn’t an issue.

Media has almost always been a money sink, including now.

Are there any good independent media also posting on X.com? I believe HN usually prefers that particular Twitter-like source.

Let the FCC enforce the removal of a license, then. That seems to be the current administration’s approach to everything.

The media also has an existential threat of being taken as seriously as Russian and Chinese media are taken by the Russian and Chinese people, respectively.

For many of us that ship sailed a few years ago.