Abstract
The article analyzes the main approaches to defining the concept of literary criticism. Actual tasks, forms, and functions of literary criticism in the media space are studied. The author concludes that regulatory and educational functions of literary criticism become less important than functions of marketing, communication, information, and filtering. The analysis allowed us to find out which transformational processes modern literary criticism undergoes. And how the author and the form of literary-critical materials change. The characteristic features that literary criticism acquires as a subsystem of social communications are highlights.
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