Fantastic new report, by the people behind the great Amazoning the News whitepaper (which I still thrust in front of people with startling regularity), called We Media [PDF version].
"We are at the beginning of a Golden Age of journalism — but it is not journalism as we have known it. Media futurists have predicted that by 2021, "citizens will produce 50 percent of the news peer-to-peer." However, mainstream news media have yet to meaningfully adopt or experiment with these new forms. Historically, journalists have been charged with informing the democracy. But their future will depend not on only how well they inform but how well they encourage and enable conversations with citizens. That is the challenge. This report details the important considerations when exploring a collaborative effort between audience and traditional media organizations."