With the advent of the smart media era, mobile news applications have started to gain attention as a new method of news consumption. Although initial mobile news was nothing but a mobile version of old media outlets, SNS has attracted attention in recent years as a news delivery medium thanks to the massive spread of smart devices and the diffusion of SNS. SNS news service, a horizontal network of journalism driven by prosumers, was able to secure an overwhelming advantage in the speed race. However, this type of news release based on the premise of public consensus may cause errors in judgment in the process of news consumption due to things such as herd mentality, etc.. SNS news services such as ‘Yolk News’ launched recently in an attempt to build a device that can guarantee reliability, and are expected to develop into a form in the future where consumers can make judgments independently by putting various pieces of news together from different angles. Old media will take time to screen the news for their platform, but they are excellent in service quality and objectivity since they are produced by professional groups pursuing journalism. However, they are also subject to the risk of false reporting and loss of confidence triggered by the speed competition and are now losing ground as SNS news services have recently gained confidence beyond expectation. This suggests that the old media should give up the speed competition with SNS news services and need to evolve in a direction to secure objectivity and reliability of the news while maintaining a suitable level of news delivery speed. In recent years, there has appeared a new form of news purely focusing on the value of the news, destroying both the speed and the objectivity of the news. Applications such as New Square are attracting attention as a new form of news-on-demand by providing news in a storytelling manner, allowing readers to be able to identify the sequence and context of events at a glance. As described above, SNS news services have a structural limitation in that the quality and the objectivity cannot be guaranteed because non-professional individuals become the first news providers, while old media have already proven that they cannot keep up with the SNS news services in terms of speed. Therefore, in the smart media era, SNS news services, old media, and news-on-demand will compete and grow by satisfying the speed, objectivity, and consumer value, and the news media ecosystem is likely to change rapidly as these news consuming platforms change. © 2015 SERSC.
