Just because a narrative is biased and skewed doesn't disqualify it from being better than other narratives.
In your opinion. Which your entitled to, but to silence the other voices/biases, that's a scary road to take on behalf of the general populace.
> fake news isn’t nearly as prevalent or as dangerous as news that mostly tells the truth as a technicality or formality
Which is demonstrably false, as we can see by the prevalence of large-scale acceptance of outright false propaganda and its aftermath. Breitbart-style lies are far more dangerous than WSJ-style story selection.
It makes it far worse. Very few people take Breitbart seriously but many will take CNN or NYT seriously. The mainstream media is far too powerful to ignore when they push a narrative. Smaller outfits on the far left/right don't pose the same existential threat to our society.
The mainstream media is not that mainstream at all. The principle of 'the big lie' still works very well.
Tabloids and fake news rags on the other hand have been reaching far into the middle class, the non-voters and so forth, in other words they're generating an audience among people who we would have considered to be immune to demagoguery.
Many people take Breitbart seriously and do not take CNN seriously. Alexa ranks it at 52 for US traffic. Many people take CNN seriously and do not take Breitbart seriously. Its site is ranked 25.