If you watched the movie you will see of how the Google, Amazon and alike might (or might not) challenge the Media. There are other sparks and in our atmosphere, not to often from traditional media.
Certainly you have checked the announcement of Jimmy Wales, a co-founder of the open source encyclopedia Wikipedia, about the new project Wikinews (a collaborative news reporting initiative). See what Wired had to write about and our partner EPS summarizes.
Did hear about the Pegasus new local news model planning in late 2005 starting with distribute local news content and advertising via the web,
e- newsletters, RSS feeds, a daily print edition, SMS messaging and other mediums.
Steve Outing writes a poynter.org Pegasus News looks like a potentially interesting local-news model. Steve Rubel examines what little is known of this start-up, which aims to go up against monopoly newspapers in 25 metro U.S. markets with a combination of micro-local news, open-source journalism (a.k.a., citizen journalism) augmented by professional editing, and pay-for-performance advertising (a la Google AdWords).
Also look out for what RSS (stands for Really Simple Syndication) is doing already for news publisher and how it will change digital delivery. And why you find an article on Digital Deliverance titled Hey, You Guys Who Run U.S. Newspaper Chains! - the Internet is only on part of the problems you have.
A first look of how Wikinews should work
Wired on Wikipedia News
WIKINEWS: COLLABORATIVE NEWS REPORTING
Pay Up or Write by Steve Auting
OK, so what will be a good use of RSS for News publisher
Hey, You Guys Who Run U.S. Newspaper Chains!