The future of print media is, to put it mildly, uncertain. I don’t read any magazines any more (except for, ahem, The New Yorker. I have to say that), and still hang on to reading the paper version of the New York Times, as well as online. It’s not exactly becoming obsolete, but is a different form of news gathering. I read the paper edition of the Times to see what they consider worthy of being in the print edition. The online version is for me up-to-date news.
But my first love for immediate news is, of course, Twitter.