This has basically been settled already ("Duh, of course its not") but I still feel compelled to respond.
Maybe the way of thinking about what game's press even is is changing. Things like Polygon, Giantbomb and Gamespot are still doing fine so it's clearly not dead and it's odd that one website you go to that is shutting down (that i've never heard of) makes you believe it's dieing.
I think you just live in a bubble and need to broaden your horizons. Game's coverage is still huge, and Giantbomb got ahead of it by making the focus on the sites creators as much as the games themselves. It was forward thinking then, and is probably going to be what keeps Giantbomb alive for a long time.
Games, realistically, never had press as this would assume writing about games that (until recently) mostly didn't actually exist. Game creators are still very much in control of what you hear about with games (unfortunately this will not ever 100% change because games are just a hobby) so any "journalism" you get is mostly fed through corporate spin or "leaked" coverage (which is often controlled by the creators, too). It has always been this way and will always be this way.
With the rise of indie games we get more of a peek into what developers do, what it's like for people who make games, and even some stories of game developments in the past (the write up on polygon today about Street Fighter 2 is amazing and I recommend everybody read that) so in a way it's becoming more journalistic than it ever was before.
Game's coverage is changing for sure, and the form it takes will align with whatever people flock to. It's not dieing, though. It's one of the biggest hobby industries in the world.
There will always be games, and there will always be people talking about games. It's that simple.
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