The founders of our great nation cared so much about a free and unbiased media that they included it right at the front of our Constitution (that document we swore to support and defend).
Where in the Constitution does it say 'unbiased' press? One only needs to go back and read the papers of that Revolutionary period, or any other period in this country's history, to see that it is replete with examples of 'bias' in the press. Part and parcel of having a free press.
The overwhelming majority of our media right now is highly corrupt (like you said) for varying reasons. Some are simply looking for market share and slant their coverage to that end.
Many journalists have simply programmed themselves toward liberalism (aka Socialism lite).
Highly corrupt? What do you base that on? A blog posting by a biological engineer who compares herself to a 'female Indiana Jones'? If you took the time to actually read or watch some of the press that is criticized often for 'bias' you will see that coverage is often much more balanced than you would think.
The cable television news is not the only part of the press, there are high quality venues for each medium of the press here in this country and around the world. It may actually take some effort, like sitting down and reading something vs watching a 90 second news clip, but there are plenty of resources out there if you just bothered to look.
My concern is that our current administration's habit of being openly hostile to media outlets who do not parrot the message and fall short of openly propagandizing for them. The executive branch is selling access for cooperation, and excluding those who they feel are not complicit with their agenda. The president and his press secretary have both attacked members of the media for the sin of having opinions that run contrary to their own.
Any administration can be accused of the same things, there are numerous examples of this from the last administration as well as every other one. And 'excluding' certain organizations certainly doesn't mean they can't report or lack information on the administration. All manner of press still report from the White House, ride Air Force One and ask questions of the President and his staff.
A free press and a government will always have some level of tension between them, they often have completely different goals. That does not mean it is any less free or open if there is though, unless of course the government takes steps to limit the free press, which is not happening.