Liveblog: Who will bring order and profit to the digital world? Special

Toronto - Speaking at nextMEDIA in downtown Toronto, Newser.com founder Michael Wolff discusses digital media's impact and what the future holds for organizing the industry and generating profits. This is a liveblog of the nextMEDIA keynote address.

DigitalJournal.com is once again a media sponsor of digital media conference nextMEDIA. Taking place on Nov. 29 and 30 in Toronto, nextMEDIA features speakers from leading companies such as Facebook and Torstar Digital. In this liveblog from Toronto's Design Exchange, we're following the keynote address by Michael Wolff, founder of Newser.com. Newser is a news aggregator that selects and condenses news stories from hundreds of sources all over the Web. The company summarizes each story into two succinct paragraphs or less. In his keynote, Wolff is discussing who will bring order and profits to the digital world. "Chaos isn't a business model," says Wolff. "A new breed of media moguls is bringing order ― and profits ― to the digital world." Wolff is an author, essayist, contributing editor for Wired, columnist for Vanity Fair and founder of Newser.com. At nextMEDIA, Wolff discusses the impact of digital media. First music, then publishing, television and advertising ― all have been hit by the digital tsunami. He asks questions such as: Are we finally pulling back from the chaos caused by an open web? Are we returning to a world away from the Web, where audiences are willing to remain in closed walled gardens? For more on this, follow Wolff's keynote via our liveblog below. Wolff is scheduled to speak from 9:15 - 9:45 am (Eastern):