Bullshit.
So called “journalists” have been threatening the status of journalism, increasingly decade by decade, for at least fifty years.
After turning major media “journalism” into the handmaiden of the Democratic Party, by the time of the administration of Bill Clinton it became the virtual media arm of any Democrat in the White House.
When viewed by the public dispassionately it has been as if the major media venues should be charged with “electioneering” 24/7 and with a good percentage of their revenues considered “in kind” contributions to Democrats, Liberals, Progressives and Marxists.
When journalism lacks nearly all real political independence, then it is judged by the standard it has created for itself, politics, and cannot be trusted to be judged any other way. Who did that? Who set that course? Donald Trump? No. The journalists did it themselves.
The Internet capacity is very efficient for self publishing and distribution info that has made outing Very Fake News way easier than in the 70s.