Onyx Magazine closing

I live in the Houston area and enjoy the snippets of the middle/upper middle class upwardly mobile. It's nice to occasionally see how the other half lives. Needless to say, when I saw this in the Houston Chronicle I was saddened. I had the opportunity to meet Onyx publisher, Ms. Burton-Allen about a year ago. She talked about starting the magazine, the day to day of magazine publishing and most importantly the joy starting a magazine of this caliber in the City of Houston. The article states she plans to pursue her "media relations and crisis-management consulting business." Seeing this article made me think of black publishing on a whole. Is it still necessary to have this niche in the world? She mentioned in the Houston Chronicle article that Onyx only "scratched the surface" adding "hopefully someone will pick up the torch." Could mainstream publications pick up that torch and cover this side of the black middle class? As a journalism major I know magazine publishing on a whole is a difficult business. The topic of the closure of some well-known black publications was discussed some time ago on Richard Princes's Journal-isms site Check out what publishers of now defunct magazines had to say on the topic. What are your thoughts on the subject