@elduvelle this is a great question to ask! I don't think the answer is as gloomy as you might think though.
I think you're right that there's very little point reading billionaire owned news, nor the BBC which is too scared of the government not renewing its license.
However, there's a lot of point in following and (if you're able) financially supporting independent journalism, because it can inform your actions in small ways that add up. The more we support and spread the word about independent journalism the more these small effects add up and that can have an effect.
We came so close to a left wing government with Corbyn and a few more people reading independent news could have made the difference in the first election which was only a few thousand votes from victory.
I like Novara Media for what that's worth, but choose one that you're happy with as long as it's not advertiser funded or run as a side project by famous journalists who mostly write for billionaire owned news sources (their independence is fundamentally compromised).