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Twitter, Facebook, FriendFeed and other word-of-mouth news sources are good for getting the general idea of a story, but when I want to find out if the story adds up I still turn to an "old media" source.
that is a good point. The drive at present (in whatever category of interest on the internets) is to get there first, speed over detail. Some people need to be the first to know and need to be seen as the first to know. Twitter et al is great for getting the word out and raising awareness, but in-depth reporting takes time. I like me some in-depth and I'm willing to wait for it.
Which makes me wonder about all the things I hear that I don't deem interesting enough to investigate further.
Speed matters when a tornado is approaching my house, but I don't care whether it is an SMS message, radio, TV, or a bullhorn that alerts me.
When it is soft news, like the death of a pop star, it some time after that it has an impact. For example, it was a quite a while after Jackson died that I began to contemplate how it fit into the context of my life. And it wasn't the news of it that was the catalyst but instead going to stores and hearing his music playing inside, or hearing every radio station paying homage, or remembering the first time I heard a song or saw one of his videos. For some, this context or contemplation might have come from Twitter, but in that case it still really wasn't the speed factor so much as the conversation. Of course, there are always going to be some annoying users in social media.
The other thing that really matters in this equation is how media outlets cover the fall out of Jackson's death. We all know prescription drugs were a big variable, so let's see some positive lessons and some real journalism come out of that issue. Time in that case is relative.