This is a group project about social media topic and my part is discuss the winner and loser in social media. It is just a one page paper and don't have to go too widely. Just list 2 or 3 winners and 2 or 3 losers, discuss and give examples briefly.

The winner could be who are doing well in social media and who are benefiting from it, and the losers could be the traditional advertising or tv.

Briefly history of social media:

social media has a history dating back to the 1970s.[14] ARPANET, which first came online in 1969, had by the late 1970s developed a rich cultural exchange of non-government/business ideas and communication, as clearly evidenced by ARPANET#Rules and etiquette's "A 1982 handbook on computing at MIT's AI Lab stated regarding network etiquette," and fully met the current definition of the term "social media" found in this article. Usenet, which arrived in 1979, was actually beat by a precursor of the electronic bulletin board system (BBS) known as Community Memory in 1973. True electronic bulletin board systems arrived with the Computer Bulletin Board System in Chicago, which first came online on 16 February 1978. Before long, most major cities had more than one BBS running on TRS-80, Apple II, Atari, IBM PC, Commodore 64, Sinclair, and similar personal computers.