By what metric other than your opinion? By any traditional metric they're dead and hemorrhaging users. CNN has something like peak viewership of 220k people a day globally, MSNBC is in even worse shape. Newspaper readership peaked in the mid 1980s and has declined ever since. Daily readership in the US for newspapers is down to something like 20 million people which about 5% of the country.
Most people don't actively consume the news. They get trickled down information or they get offhand headlines from things like Apple News on iOS, Google's app/widgets on Android, headlines on browser start pages, etc. Social media and podcasts absolutely dwarf traditional media when it comes to reaching users. I'm also not talking social media here, just traditional 24/7 news channels, newspapers, and radio. The idea that most people get their news from some talking head on the nightly news simply isn't true anymore. Trends and algorithms are what feed what people here now, not traditional sources.