The complete prostitution of the mainstream media is an accomplished fact. Both directly, through media consolidation, and indirectly, through captivity to advertisers, the media are by now the stenographers and flacks of neoliberal and neoconservative corporatism in general.
Now we have a corporate state with a soiled layer of political paint rapidly peeling off.
Ironically, what killed newspapers was not a poor business model, IT WAS BUSINESS ITSELF.