James Warren is a veteran reporter, columnist, and editor, having served as Washington Bureau chief for the New York Daily News and managing editor for the Chicago Tribune, among other posts. In this Conversation, Warren shares his perspective on the major changes in American media during the last few decades—from the decline of print and emergence of online news outlets to the dramatic impact of social media. Kristol and Warren discuss the benefits of the current media landscape, notably the availability of diverse news sources of high quality, data-driven reporting, and audiovisual content. They also consider the drawbacks, including the proliferation of disreputable sources online and how budget constraints and other factors have led to the lowering of editorial standards in traditional media. The executive editor of NewsGuard, a new consumer reporting platform, Warren also addresses the future of the media business and the challenge readers and viewers face in distinguishing between serious reporting and fake news.