http://lukethomasmedia.com/blog/the-death-of-bin-laden-and-traditional-media/

I love your analogy of it being a symbiotic relationship. I think social media is a powerful tool in sharing information but it can also be very dangerous. What if the original “news” was incorrect. Our 6 degrees of separation would catch like wildfire but the credibility of these sites will be under attack. What do you think?

Michael

This entire ecosystem is actually ripe for innovation and there are so many opportunities that they could actually capitalize on if they put their focus into the right places.

I’ve worked for three major financial institutions in Canada and the US in the past 12 months that are being far more proactive, innovative and risk taking in a highly regulated environment than i see the globe and mail or CNN being. I find it strange particularly as the real time economy has been affecting Media in general for much longer.