I don't think so. They need him for ratings but at the same time they are all left wing so if they help put him in office it's not logical they have the power or the smarts to take him out.
The only way they can take him out will be to lie about him or keep him off the air.
They won't keep him off the air since they need the ratings and they are already lying about him and it doesn't work.I don't see the pathway for the media to get rid of him.
I don't think the media needs to lie about Trump to take him out. They simply need to tell the truth. Trump has come down on both sides of many issues: taxpayer funding for Planned Parenthood, "expedited" return of illegals (Rubio haters call that amnesty), Bush lied, Opposition to Iraq war, depression level tariffs, supporting liberal Democrats, etc. Look how Chuck Todd gave him a pass on his Iraq war position, just yesterday.
Once the press turns they will hit him hard, and he doesn't respond well to that. Yelling "liar, liar" doesn't look well on the international scene.