It's going to take over, no doubt about it.
How much longer will newspapers still pay for huge rolls of paper, huge printing presses, huge buildings to house those huge printng presses, trucks and drivers to distribute the paper, etc, etc., ... when they can just put out a digital version and save all of that $$$? Same with magazines. It's just a matter of time before paper magazines join butter churns and kerosene lanterns in the "used to be" museum of obsolete technology.