In the present day, technology has
played its part very well in developing social media as a medium to
communicate. This phenomenon has created a new drift that the public at large
has made social networking sites indispensible in their lifes. This is particularly the younger generation
which are familiar with Facebook, Twitter and Youtube. Consequently, this trend
has affected the traditional media publishing to cope with change of changing
from print media publishing to online publishing. As Naughton (2006) stated "there is declining newspaper
sales and the growth of online news; the expanding use of the web as a publication
medium by public authorities".
Figure 1: Diagram of the value of
social media
The trend has altered media
communication into a new media ecosystem. As seen in Figure 1, the value of
social media has many reasonable means for being the reason why traditional publishing is
decreasing day by day. Audiences now prefer going online because it is easily
accessible and its viability as a medium to publish news is tremendously
excellent in terms of timeliness, credible, and most importantly current up to
date.
source: http://www.insidefacebook.com/2009/07/07/abc-news-cnn-teaming-up-with-facebook-for-michael-jackson-memorial/
An example above is
the worldwide infamous producers of news; CNN has now collaborated with social
network champion, Facebook and made a "Live Stream" widget for the
community in Faceboo. It is to find ways to make live events more engaging and viral.
Hence,this is one of the steps by publishers are using to cope with the new media ecosystem (Smith, 2009).
References
Naughton, J 2006, 'Blogging and the emerging media', website viewed 6 April 2012, website retrieved from <http://reutersinstitute.politics.ox.ac.uk/fileadmin/documents/discussion/blogging.pdf>.
Smith, J 2009, 'Facebook Launches "Live Stream"
Widget for All publisher, Networks and Developers', website viewed 6 April
2012, website retrieved from <http://www.insidefacebook.com/2009/06/24/facebook-launches-live-stream-widget-for-all-publishers-networks-and-developers/>.
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