The M$M is in it for profit and propaganda. They are an arm of the corruption in politics, because they tow the line and maintain the status quo by manipulating the data to correspond with whatever garners them the most ratings and thus, higher ad revenue. That's all it is---ad revenue, making money off the diluted and endless analysis that makes up the "News" today. It's not "News" it's one bit of news that is discussed, mentioned and cut up, edited and manipulated ad nauseum through out each news day/cycle.
"Network" has manifested itself and we have no Howard Beale to get the masses motivated. When 6 corporations own the M$M, we don't get news, we get endless analysis with a corpofascist bent to it.