Beverly Macy: How Real-Time Social Media Is Giving the News Media A Makeover

A brave new mash-up of traditional news and the real-time stream is emerging that puts social media front and center in the news business ecosystem. From the horror of the Aurora shootings, to the minutiae of Mitt Romney’s Bain Capital dealings, to the whereabouts of Michael Jackson’s mother, Katherine, the value chain of the news stream has radically changed.