News consumers around the world are now turning more to social media and video platforms than traditional outlets for information, a report said Tuesday, warning that old-style business models are under threat.

The year 2026 marks ¡°a significant milestone: for the first time, social media and video network consumption is now ahead of other news sources as the most widely used source of news globally,¡°?at 54%, wrote Jim Egan, lead author of the report from the Reuters Institute for the Study of Journalism.

The annual report from the institute, attached to the University of Oxford, is a closely-watched tracker of trends reshaping the news media.