A robust news media is essential to a vibrant society and a healthy democracy. But technological, political, and cultural changes have disrupted the media ecosystem, challenging traditional models and causing new ones to proliferate. Concerns around objectivity, "fake news," and diversity of thought abound in both old media and new. Are the new market and cultural forces producing a media that is imbalanced in viewpoint and focus, or are we seeing healthy and creative adaptation at a time when mass conversations are more diverse than ever? What are the challenges and opportunities for media in the years ahead? Will new media force old media to adapt or die?