The document discusses the changing news cycle and how news outlets are adapting. It notes that the news cycle is accelerating, with events now being reported on social media within minutes and picked up by journalists shortly after. The modern news cycle involves an event being discussed on social media, then covered by niche websites and amplified online before mainstream reporting and contextualization. It also outlines five primary ways that reporters find stories - through assignments, breaking news, original reporting, expanding on existing coverage, and talking to sources. The document concludes by suggesting opportunities for PR professionals to identify trends and stories that their clients could contribute to at different stages of the evolving news cycle.