The reason classic journalism is dying is because it is just parroting the mainstream world-view and superficial news.

Investigative journalism is rare. Pieces of investigative journalism are only used as a small percentage, typically to add legitimacy to the dominate percentage of ordinary news. And even modern-day investigative journalism may be politically oriented, like investigating the "bad deeds" of a foreign regime that our country doesn't like, investigating "hot" issues that have a political appeal in favor or against certain positions, etc.

But traditional journalism's nail on the coffin is the Internet and how the content is turned from "push" (media to people) to "pull" (people choose what they want to read). As long as the media could dominate our decisions, they didn't have "competition". Now that they do, they have a problem.

Now, having said that, people working in these organizations may indeed face issues. Along with them the few honest investigative journalists. Can they be saved by a platform like steem? I guess we'll find out.

One thing though that is exciting is the possibility to eliminate "middle-men" like wikileaks. I know people don't perceive them as "middle-men", but in a sense they are. And being an intermediate structure means they can be censored or they could compromise the whistleblower. Now the whistleblowers have more direct access in publishing their stories. Plus financial support (if they need it).