Media and Entertainment
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Media and Entertainment
Source : (remove) : EconoTimes
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Legacy Media's Collapse Leaves Millions Turning to Social Platforms for News

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The media landscape in 2024 is undergoing seismic changes as traditional news outlets face dwindling audiences and staff layoffs. Over 5 million cable TV subscribers cut ties in the first three quarters of the year alone,
The article from Econotimes discusses the significant shift in news consumption as traditional legacy media outlets face a decline in viewership and trust. As a result, millions of people are increasingly turning to social media platforms for their news. This trend is driven by several factors including the immediacy of information, the ability to access diverse viewpoints, and the interactive nature of social media which allows for real-time engagement and discussion. The piece highlights how platforms like X (formerly Twitter), YouTube, and others have become primary sources for news, especially among younger demographics. It also touches on the challenges this shift presents, such as the spread of misinformation, the lack of editorial oversight, and the potential for echo chambers. The article suggests that while social media offers new opportunities for news dissemination, it also necessitates a more discerning approach from consumers to navigate the complex landscape of digital news.

Read the Full EconoTimes Article at:
[ https://www.econotimes.com/Legacy-Medias-Collapse-Leaves-Millions-Turning-to-Social-Platforms-for-News-1698179 ]