Could that be because 99% of mass medias who make or break politicians are owned by a small elite of hardcore capitalists who have their own interests in mind?

Could that be because 99% of mass medias who make or break politicians are owned by a small elite of hardcore capitalists who have their own interests in mind? Democracy isn't just about showing up every few years and putting a name in a ballot, it's a framework that requires a whole bunch of other things. A lot of EU countries and the US are getting closer and closer to oligarchies