I can't speak for the Tangerine Tornado, obviously, but I would speculate that it's no so much hating the press as an institution, but I would imagine he hates those in the press, who have obviously lost their way (i.e. forgotten what being a journalist means)
As much as I despise the current media, I remember when they were objective, and I at least felt they were relatively trustworthy. Hell, it wasn't all that long ago. Or were my eyes only opened recently, as in way too late?