My favourite magazine of all time is Vanity Fair, not just because it's always an extraordinary visual feast for the eyes, but also because it publishes some really interesting stuff. I was having a robust conversation with some journalists who work with a fast growing news website the other evening and we were discussing the gloomy future of the print media worldwide. We all know of the catastrophic losses US newspapers in particular are facing as they limp along in declining economic circumstances, but more importantly they are less compelling to consumers in a world where information is increasingly being consumed on the web. While I agree completely that newspapers are the most vulnerable to the Web, I don't agree the same holds for magazines. Sure they will be under pressure as advertising moves to the thriftier and faster channel of web, but I have yet to meet a consumer who would substitute reading their favourite magazine online and foregoing the print version.
Clearly there are some magazines that are just blah blah or mediocre, which consumers dip in from time to time, and these will probably not survive anyway the long haul of market dynamics, but I reckon there are many others who will stand the test of time. I for one will never substitute my purchase of Vanity Fair for an online version. I mean what would life be if I could not feel the smooth creaming pages in hand and feast my eyes on the extraordinary photography. I hanker after my nights and weekends when I can curl up on my bed propped up against my soft pillows, with my VF in hand and take in the fabulous and fascinating stories with an intimacy that my little Mac and its 3G connection, will never simulate.