As a matter of fact, it's a common acknowledgement and a debatable argument that media does not play a key role in society as a news provider for the betterment of its citizens, but collects some gossip and issues to spread, using valuable air time. Hence, the validity of this statement lies in how strongly the media justify the argument. As far as my view is concerned, I believe that the above statement is correct to an extent. In fact, by looking at the way news providers act nowadays, it's apparent, there needs to have a proper audit or a probe into this matter by relevant authorities.