In many real-world settings like journalism, law, medicine, and science communication, information is passed from one person or system to another through multiple rounds of summarization or rewriting. This process, known as multi-hop information transfer, also happens increasingly in workflows involving large language models (LLMs). But while summarization models and factuality metrics have improved, we still don’t fully understand how meaning and factual accuracy hold up across long chains of transformations, especially when both humans and LLMs are involved.In this paper, we take a fresh look at this problem by combining insights from cognitive science (Bartlett’s serial reproduction) and information theory (Shannon’s noisy-channel model). We build a new dataset of 700 five-step transmission chains that include human-only, LLM-only, mixed human-LLM, and cross-LLM settings across a wide range of source texts. To track how meaning degrades, we introduce three new metrics: Information Degradation Rate (IDR) for semantic drift, Meaning Preservation Entropy (MPE) for uncertainty in factual content, and Cascaded Hallucination Propagation Index (CHPI) for how hallucinations accumulate over time. Our findings reveal that hybrid chains behave asymmetrically. When a human summary is refined by a language model, the final output tends to preserve meaning well, suggesting that models can improve upon human-written summaries. The code and data will be available at : https://github.com/transtrace6/TransTrace.git.