“News as we know it is at risk. So is democratic governance, which depends on an effective watchdog news media. Both have been undermined by changes in society wrought by digital technologies—among the most powerful forces ever unleashed by mankind. We have barely begun the Digital Age, and there is no point in trying to predict just where it will take us. News certainly has a future, but what that will be is unclear. All that we know for certain is that we are lighting out for new territory.”
http://www.brookings.edu/research/essays/2014/bad-news#