I think it's fair to say that social media platforms benefit from that, and some news media platforms benefit from that as well. It partially depends upon the major purpose of the platform and why people use it.
If it's a place where people are trying to learn what's true, there might not be as much of a financial benefit as for those who might seek out a news source because that source tells them they are right and the other side is wrong.
There are advantages to following that kind of model, but not for all media in a blanket way.