Having only returned to cycling a few years ago, I've never read a hard copy bicycling publication. But as a long time follower of Thoroughbred racing and breeding, I've subscribed to several publications in that arena since the 70s. Only one remains in business and we still subscribe (my wife shares this interest), but now find they sit in a pile unread. We get the information we need and want elsewhere and their 'exclusive' content has declined in both quality and quantity to the point that we just don't bother anymore. With rates somewhere near $100/year, it won't be long before we decide to stop sending the check.
Similarly, I read one and often several newspapers every day for most of my life. I no longer do. The prices kept rising for an increasingly inferior product. My father was a newspaper editor and one of my brothers followed in that career, so I felt a certain allegiance to print media for the longest time. But I just don't think the industry was capable of adapting to changing times and as a result is fast becoming an anachronism. Magazines and newsprint will be an historical artifact in 20 years.