This document discusses media disruption and how it is affecting journalism. Some key points made include: - 47% of online time is spent on social media, which has dramatically changed media consumption habits. - The number of journalists has declined significantly in recent years as the industry struggles to adapt to changes. - Journalists now rely heavily on social media both for distributing their own stories and researching new ones. - The speed of the news cycle has increased dramatically due to social media, where stories can spread within hours. - While online consumption is rising, print still provides important shorter articles and more favorable coverage not found elsewhere. - Mobile consumption is also rising rapidly and will continue to be a major disruptive