What about making libraries the new seat of journalism he asks?
So, if you're in a public library and your town is potentially dependent on the McPaper or a major national (If the NYT survives), what could you do? Can you use RSS feeds to assemble a local news source from smaller independents? Can you surf the local blogs and aggregate? Would your town miss local news in print? or have they already gone 'e'?
Seems like an opportunity. You might even be able to hire some of the folks being put on the street by the big conglomerates as they lay off folks.