Media-cracy is a combination of "media" and "democracy" made to sound
I've seen it before in the Daily News, and it's in today's Daily News, 3
September 1997, pg. 41, col. 4:
JANE LEEVES: Faults tabloid media-cracy for Diana's death.
Media-cracy is not in the HDAS H-O. Has it caught on recently?