Under the background of globalization and the rapid development of information technology, the digital transformation and innovation of news media have become an important trend of the industry. Traditional media adapt to the new audience needs and market environment through digital transformation, and gradually transform to diversified content production, personalized recommendation, multi-platform distribution and paid subscription mode. Many media organizations, such as the New York Times and the BBC, have explored the possibilities of content innovation and dissemination through artificial intelligence, big data and virtual reality. However, digital transformation also faces challenges such as information authenticity, privacy security and technology dependence. In the future, with the further development of new technologies, news media will continue to explore AI-driven news production, immersive reporting and blockchain applications to build a more innovative, efficient and credible news ecosystem.