[wdfifteen]

As a magazine publisher, this subject has kept me awake many nights. It was touch and go in the mid-2000s and many publishers bailed when they should not have. I benefited by guessing the other way and bought some good properties at bargain prices.
It took a few years for the smoke to clear, but two tiers of publication distribution have emerged. Timely news is best presented digitally. People who seek entertainment still like print. The best illustration I can think of is sports news. A good friend of mine owned the newspapers of the SF 49ers, Cowboys, Browns, another NFL team that I don't recall, and a bunch of baseball teams.( It used to be fun to meet players and do interviews and be an on-field photographer at NFL games for him. But I digress.) For decades these papers rushed to get the stats and stories of Sundays games into the hands of fans by Tuesday. Once digital came along, the Tuesday paper was history. He panicked and sold them all 15 years ago. His panic saved his butt. (Bernie Kosar and his brother bought the Browns paper and it tanked, as did the others.) But Sports Illustrated, which covers the same subject matter but doesn't provide "news" so much as entertainment, is still going strong as print. My magazines (which are all hobby/entertainment oriented) are still growing as print pubs and I have no intention of switching them to digital.
I want to thank all you paper forever enthusiasts. You are the livelihood of many of my friends in the industry.