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So, disclaimer. Journalist turned web developer here. But I really don't think newspapers are going to go extinct, really ever.Still, particular newspapers have already gone extinct by the hundrends, and the trend is not showing any signs of reversing.
>They are one of the only permanent records of history. Digital publications disappear like yesterday's rainclouds.
Sure, but it's not like people, the average consumer etc, appreciates that fact or gives a damn about "permanently recording history". Most of them don't even print their digital photos, maybe 5-10 of the best ones, whereas they used to have albums with 100s of family photos back in the day. (And most don't even backup their digital photos).
That newspapers served as "permanent records of history" was a byproduct of them being available, dominant and profitable. Not something people specifically bought them and subsidized them for.
>There will always -- always -- be demand for physical products, because as humans we are very tactile.
Well, tablets are quite tactile too. And people have quit CDs and vinyl for mp3s and digital downloads/piracy.
Sure, there's still vinyl pressed. But it's small quantities and is consumed without any wider cultural context in the society, just by a tiny niche of music fans. And pressing vinyl is a $1000 affair -- so you can afford to press 300 copies for stores etc, where running a newspaper is extremely costly, and a print edition even more so. So the difficulty of continuing one is not the same as continuing the other (vinyl) niche tradition.
>The bottom line is that there is always going to be a demand for newspapers and news in general. In fact, people have been predicting the demise of the newspaper since TV was invented.
That's a common logical error. The belief that if people have been making the same prediction that didn't pan out, it will never pan out.
Not to mention: who said it didn't pan out? When radio/TV was invented, newspapers might not have vanished, but they lost a lot of their cachet as THE source of news and information.
The loss in readers was ofset by an increase in education and thus an increase in a middle class wanting to read newspapers. But that was a historical accident. The spread of the internet didn't see any such simultaneous increase of middle class or literacy (probably because they had already hit a ceiling during the seventies).
And TV, back in the day, had limited chanels and was live only. So not much of competition for the newspaper. Nowadays we have 200+ channel options, 24-hour news channels, Tivo and its ilk, and video on demand from the internet. Plus, written news on demand from the internet.
Plus, the numbers (of declining readership) are very different (and much worse) in the internet age vs the tv age.