Alley Insider:

…we thought it was worth pointing out that it costs the Times about twice as much money to print and deliver the newspaper over a year as it would cost to send each of its subscribers a brand new Amazon Kindle instead.

[…]

Are we trying to say the the New York Times should force all its print subscribers onto the Kindle or else? No. That would kill ad revenues and also, not everyone loves the Kindle.

What we’re trying to say is that as a technology for delivering the news, newsprint isn’t just expensive and inefficient; it’s laughably so.

As expensive as print media is (paper, ink, delivery trucks, etc…), I think paper newspapers will go away, especially in a world where the bottom line always wins. However, I don’t think it will be any time soon - people like the feel of a paper or a magazine.