The hypertextual character of cyberspace has opened great opportunities to update journalistic text. Thanks to hypertext, it is possible to explore nonlinear ways of structuring the speech and to encourage reader's participation in the configuration of narrative itineraries. Nevertheless, these theoretical possibilities come up against a much modest reality: present cybermedia show a noticeable tendency to reproduce in cyberspace the textual formats that they used in other supports. This paper analyzes the degree of evolution reached by hypertextuality in journalism, after the first ten years of development of cybermedia on the Web.