Niches and worried journalists

Strange: Everywhere I look there are stories, interviews and analyses about the future of journalism, crisis in the media etc, but I’m not getting fed up with it! A selection of the latest:

Michael Massing is upbeat about the news-producing potential of blogs in New York Review of Books.

Chris Anderson does some good fencing with Spiegel Online.

Umair Haque presents a “nichepaper manifesto”:

Nichepapers are the future of news because their economics are superior. All the Nichepapers above are “real” enterprises, with staff, offices, and fixed and variable costs. Nichepapers offer more bang for the buck: greater benefits for far less cost. Readers get more, better, and faster content – while publishers realize lower capital intensity, lower distribution, marketing, and production costs, and less risk. What is different about them is that they are finding new paths to growth, and rediscovering the lost art of profitability by awesomeness.

Afterthought: Are their economics really superior? How good are their numbers? What about examples from other countries?