Warren Buffett Answers Your Questions - DealBook Blog - NYTimes.com:
"“For most newspapers in the United States, we would not buy them at any price,” said Mr. Buffett, whose company owns a large stake in The Washington Post Company. He added that he sees the possibility of “nearly unending losses” for newspaper companies. Mr. Munger called the industry’s decline “a national tragedy” and said that “what replaces it will not be as desirable as what we are losing.”"
I agree there is something very relaxing about reading a paper, but for speed, ease, and capacity, the web is #1 for a reason.