Most traditional industry or profession are either dying or transitioning. Imo, the media industry has always been a nasty one; and with the rise of social media they are getting (more) desperate due to an actual competition that threatens traditional media - but they only have themselves to blame cause they have taken the public trust for granted for a very looooong time. Now perhaps, is the right time for that industry to have some much needed purging.
The one’s with a good reputation will be ok (for the most part).