The democratization of news media? Perhaps not

Back when social media first burst into the mainstream in a big way and
popular Web 2.0 services like Digg and Flickr were the subject of
articles touting phrases such as “the wisdom of crowds” and buzzwords
like “democratization,” it might have seemed that the web was truly
changing the fundamental dynamics of information distribution.

But a new CNN study hints that some of the hype around this notion has been overblown.