Grab Shots: Old News Edition

* Newsies in the Pipeline: Newspapers are on life support, but J-school applicants are up in the U.K. and and in N.Y., reports Jarvis. Discuss.

* Readers Come, Money Doesn’t: Newspaper web readership is up 12% year over year (although web revenue is down). Nieman Journalism Lab lists its Top 15 newspaper sites. My hometown Chron (SFGate) averages 4.1 million uniques a month, up 10%. Somehow, there’s got to be a business in there.

* Ready the Tombstones: Former S.F. Examiner colleague and Salon pioneer Gary Kamiya concludes: “If newspapers die, so does reporting.” And, in light of the web revenue report, he adds: “Currently there is no business model that makes online reporting financially viable.” (Mutter mines the same vein.)

* Cancel the Funeral: Steve Yelvington says he just has “to call bullshit on the “Newspapers Are Dead” meme. Some numbers:

“In spite of the worst economy since Roosevelt, many U.S. newspapers are still turning profits in the 15-20 percent range, and the U.S. newspaper industry is still turning around 50 billion dollars of gross revenue every year.”

* Cue the Elegy: that “show deep digging.” (Andrew Cline calls BS on him, saying: “Nostalgia is dead. It’s time to discover or create the next venue for journalism.”