I’ve been saying for years what gave the Dinosaur Media value was their ability to control information distribution. News in and of itself has no value unless you can control when/how it is released. Prior to the interweb thingy, they controlled all that.
They no longer have that power. Presto, the value goes away.
They aren’t done yet. The key to the Left is being able to infiltrate and turn institutions which have a positive reputation. Hence, they can be fully left-wing while pretending to be unbiased.
It takes a special something to be that dishonest.