When it comes to data aggregation, no media platform does it quite as well as Twitter. Not only does the 140-character format force you to write a succinct summary of the main issue, its instantaneous exposure allows citizen journalists to spread informative news faster than light. Although it may be at the expense of credibility and quality, the sheer speed, quantity and diversity (or specificity as seen with the long-tail effect) of information makes up for this.
Our news intake has changed; publishing is a dying industry. Consumers prefer their news to be instant and current, rather than polished. News is distributed from one individual to another instead of being approved by a higher figure, and the speed at which it travels without this filter of authority is extraordinary. This is especially important in regards to information gathering – often tweets come from individuals at the source, whereas legacy media relies on journalists to travel to the source, gather credible evidence, and publish. For example, Twitter users in New York learned of an earthquake in Washington DC 30 seconds before it reached them in NYC.
The newspaper industry must be terrified.