My guess for the near term--after AI can generate convincing media--is no. There isn't an absolute answer to questions like this. Likely, man-made media will become a niche good. People will still make media for those who value consuming media made by other humans. My basis for this belief is that there are many communities full of enthusiasts who still use out-of-date technologies when more advanced options are still available:

People still use rotary phones for fun, even though we have smartphones. People still play games on the Super Nintendo, even though we can emulate all those games on phones/computers/handhelds. Movies are still made on film, reenactors follow old lifestyles to roleplay...and so on.

Mass media might become obsolete, but in the near term, it won't become extinct.