I don't foresee digital versions of magazines ever taking over print publications. E-books have been quite successful, but magazines (fashion to be exact) are a different story. I can not name one successful and known online-based only publication (fashion-wise). Will the print industry die? I predict no. Will it shrink? Yes. I purchase a handful of magazines each month and I believe there are enough of us, that appreciate a tangible object over something digitized, to sustain the industry (hopefully). I want to physically own the images, advertisements, and articles. Digital publications create another wall between the content and the reader. I personally do not like that disconnection.