You're not wrong, but I see that as self-correcting. If the media continues to undermine their credibility, then independent journalism will continue to rise. We're already seeing YouTube creators with bigger followings than any of the traditional media channels. This is a double-edged sword because a lot of these channels don't have the same level of journalistic training that traditional media champions, but training is also a moot point when the traditional actors have abandoned their best practices to chase sensational headlines.
We are rapidly approaching a place where people can choose whatever facts they want to believe because everything is questionable. That is more dangerous to democracy than the so-called fascist president the media is railing against.
MSNBC’s programming in the US evenings is largely opinion/political talk, and isn’t presented as news but as editorial. One can object to opinions, but it is unfair to criticize journalists for op/ed content—just like with newspapers. Very often the journalists personally disagree with opinion/editorial page content, but everyone understands that content isn’t bound by journalism’s standards.
There is also a tendril that reaches into Academia. Free speech on most campuses is dead. The left has seen to that. Kids are being militantly trained to shut down speakers with whom they disagree, simply because they disagree. This empowers the rest of politics because these kids will never let fairness and unbiased reporting happen and the more prestigious the school this happens at, the more likely these students will affect the media in their lifetimes.