From an interview with Steve Ballmer in the Washington Post: Microsoft's Ballmer on Yahoo and the Future
In the next 10 years, the whole world of media, communications and advertising are going to be turned upside down -- my opinion.
Here are the premises I have. Number one, there will be no media consumption left in 10 years that is not delivered over an IP network. There will be no newspapers, no magazines that are delivered in paper form. Everything gets delivered in an electronic form.
Where I think big media is in serious trouble I don't think he's right that they are going to go completely away. There will be some serious contraction though. (That one was easy-- there already has been serious contraction. :))
The bigger question- which newspaper will survive? Seriously, we may go down to one. I'm putting my money on the Guardian as the sole surviving English language newspaper. Could be the NY Times, but if I were a betting man...