FAQ Boo: How can the future of journalism be online when it is less trusted than print?
The latest UK research on 'trusted media' suggests that dedicated news websites are more trusted than newspapers: 55% to 38% http://www.guardian.co.uk/media/2011/nov/14/phone-hacking-public-trust?CMP=twt_fd
Again, I don't think this sort of research is that helpful, as trust tends to be based on a mixture of factors, including the particular source - one newspaper is more trusted than another, one website more than another; one friend on social media more than a stranger on social media.