Observer: Politico isn’t a newspaper. But it might be the future of print
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Peter Preston: "[Politico] is "niche journalism". It employs around 175 people now. It is in profit already. More than that, it seems on the point of launching specialist areas of coverage – niches within the niche – and stowing them away behind a paywall. ... Find the right niche – say one that everyone who makes a living out of US government has to be aware of – and you have an audience worth chasing. Most of Politico's cash comes from the Capitol Hill paper it puts out one to five times a week. Print ads have a value the web can't reach yet. But the operation – a brand-new source of multimedia journalism, not a conventional newspaper – has few of print's hang-ups."