This article reviews the scholarship on online news consumption, addresses the limitations of this scholarship, and proposes avenues for future inquiries. It examines the scholarship in five areas: displacement and complementarity between traditional and online news consumption; audience fragmentation and homogenization; online news and political knowledge; Internet information as a resource for participation; and the user as a content producer. The assessment suggests that while audiences have straddled between tradition and transformation in their news consumption practices, most scholarly examinations have been characterized by stability rather than innovation.