That's the heart of it. As the author writes, "Once I've read the paper, I'm done reading the news." I try to get most of my news from a weekly newspaper (in print) for that reason, though I admit I've had middling success maintaining discipline about this lately.
There's no fundamental reason a digital news outlet couldn't achieve the same property by exclusively releasing stories in a discrete "edition" on the web once per week. I guess the incentives just don't line up to make that happen.