Social media has dramatically impacted traditional media. Many newspapers have gone bankrupt or downsized as their traffic has moved online. Broadcasters have also seen large drops in ratings. News sources have struggled to monetize their content on the internet. As a result, many newspapers have become online-only and foreign reporting has declined due to cost-cutting. To research this topic, the group plans to follow industry professionals on Twitter, monitor journalism and broadcasting websites, and use Wikipedia to track popular and controversial terms. They will specifically follow the accounts of CEOs and editors from Mashable, NYT Bits, and NYU journalism professor Jay Rosen. CNN and MSNBC will also be studied as examples of how news media are adapting to social media

1. Social Media and the Future
of Journalism
Group One

2. What have we seen so far?
 New social media that are part of the “Web
2.0” have already had a dramatic impact on
the mass media.
 Many news papers have gone bankrupt or
are severely reduced in size.
 Broadcasters have faced a large drop in
ratings as much of the traffic they once saw
goes to the internet.
 News sources have not found an effective
way to monetize on the internet.

3. As a result…
 Many newspapers have stopped printing their
papers and become online only.
 The number of foreign correspondents sent
out has dropped dramatically as newspapers
and broadcasters could not afford the
expenses.

4. How we will research
 To aid us in our research we plan to follow
industry professionals on Twitter so that we
may gain an up to date picture of the industry
as it adapts to the new marketplace.
 We will also pay attention to several websites
that are on the cutting edge of journalism and
broadcasting research.
 We will use wikirank and wikipedia to see
what terms are popular or controversial at the
moment.

5. Who we will follow
 Peter Cashmore, CEO of Mashable.
 Saul Hansell, the editor of the NYT’s “Bits”
blog.
 Jay Rosen, journalism professor at NYU,
founder of pressthink.org
 And others…

6. Websites of Interest
 CNN, they are attempting the adapt to the new
social media. We will study them as an example of
what news media sites are trying to do.
 MSNBC’s website is similar in that they are also
attempting to become a “hub” in the user-generated
world.
 Wikipedia (and wikirank) are examples of how the
public has access to a large mouthpiece now. They
make an effective way to roughly gauge public
opinion on topics.

7. Conclusions
 Although it is too soon to extract and useful
data about the change of opinion over time
on our subject, it is clear from our sources
that there is a great deal of conversation
about the emergence of social media and the
traditional media’s fight for survival.