To the extent that, in this layman's opinion, it has forfeited its right to protection under the First Amendment.
First Amendment is for legal protection of “journalists”, i.e., those that report the Truth ... because the Founding Fathers recognized that it was important for the Citizens to know the Truth
Most of today’s media members DON’T report the Truth, and so are not real “journalists” - if they want to be propagandists for the Democrat Party, they shouldn’t have any Constitutional protection