No, it is not.
As long as the MSM is a major element in the “Progressive’s” push for power, they will find ways to prop it up. If it really starts to collapse, watch for a bailout. Or watch a power hungry billionaire buy it up and operate it a loss, for its influence.
Do something. We need to become the media. Preaching to the choir here is of very limited value. Whining is not at all productive. It is a leftist thing.