I agree that the media never played an important role. Maybe only when an expert or guru threw out some estimations about future prices but even then i wasn't of too much interest to anyone. The media today is even more irrelevant because most people consume their daily content in Youtube.
Yes, consuming too much daily content on YouTube is also not good because almost all the content on YouTube is the result of editing from the owner of the YouTube account itself, because their goal is to find a lot of viewers so that editing the content is as interesting as possible which is what it will be removes the authenticity of content in general.