This appears to be correct. Most media outlets now are activists pretending to be journalists, run by businesspeople who care about revenue more than truth.
This has been true since the advent...I remember reading about the wars between Hamilton and Jefferson in the papers way back during the young years of the US.
None of this is new. It's way overamplified now, and everyone cries censorship and fascism when it suits them.
Our expectations of objectivity (NPOV) is very recent and abnormal.
I'd like many many more Clay Shirky style analysis of print, broadcast, and social media, followed by a 100 crazy notions for novel NPOV organizations.