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This study examines how newsworkers make sense of the impact of social media on journalism. We draw on the concept of metajournalistic discourse as a lens through which to analyze the web of positive and negative meanings evoked by journalists when assessing the industry impact of social media. We analyze data from a national survey of U.S. journalists (N = 1272), combining a computational analysis of responses to open-ended questions with qualitative analysis. Findings illustrate the rich complexity of negative discourse about social media in journalism, comprising an array of articulations linking social media to the delegitimization of news. [ABSTRACT FROM AUTHOR]