Everyone needs to start using the new term: Legacy Media, rather than Main Stream Media. It's clear that they are far out of the mainstream, so Legacy Media (LM) fits much better!
The media offers a legacy as negative as Bill Clinton's.
Old Timey Media is also good. It uses an antiquated delivery system and acknowledges/accepts competition in the marketplace of ideas just as well as Soviet era Pravda did at conveying the "truth".