Who is writing it - barriers to entry are virtually non-existent. Everyone with an internet connection has the tools to be a journalist. Writing about what one sees, reads, and hears about, and putting ones own spin on a topic is a large part of the blogging world. Building an audience and, more importantly, authority, is the big difference between a blogger and the Associated Press.
But, any news paper (by the way, no longer single media but multimedia) needs to have the Associated Press type services, as well as their own reporters and journalists. Someone has to construct all this into a consumer friendly form and filter (edit) the content for presentation. Some decide to stay with authoritative sources, but others are most willing to branch out to non-authoritative "citizen journalists".
Consider CNN, already in the multimedia business, with its use of Email, Twitter, and iReport. The news channel constantly reads emails for watchers. Type CNN in a http://twitter.com/search and find no less than 25 authoritative CNN journalists reaching out for folks to contribute to the news. They also give "citizen journalists" multimedia opportunities to summit videos and stills to their iReport service.
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I love the instant feedback from Twitter to CNN. I believe comments from twitterers are read not only by CNN, but by many high ranking government officials. If you take it seriously, your opinions can be worth quite a bit when using Twitter to comment on national and worldwide news. It's a powerful tool.
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